What does corporate accounting involve?
Typically, corporate accountants collect, process, verify, analyze, and provide economic and financial information in terms of value, physical assets, and labor time within an enterprise. This department is usually divided into two main areas: Tax Accounting and Internal Accounting.
However, most small and medium-sized enterprises (SMEs) tend to have only one accountant handling internal accounting. While this may save some costs, it can lead to substandard financial reports or additional expenses due to maintaining an accounting system or training staff.
Why should businesses use corporate accounting services?
Utilizing corporate accounting services helps business leaders save costs, ensure the quality of tax and financial reports, and allocate more time and resources to business growth.
Additionally, accounting involves various regulations from government authorities. Internal accountants, due to workload or lack of experience, may overlook new regulations or mishandle transactions, potentially leading to significant future risks.
Advantages of Vietsourcing's Corporate Accounting Services
Vietsourcing offers corporate accounting services with numerous benefits, including:
Timely accounting information, allowing clients to access data flexibly anytime, anywhere, via any device (desktop, laptop, mobile, etc.).
Cost savings on maintaining an accounting system and hiring in-house accounting staff.
Enabling businesses to focus their resources on core operations.
Tax policy consulting to maximize business efficiency.
Moreover, our key differentiator is the Quality of our service. Clients’ financial reports are reviewed and audited by experienced professionals holding international financial and accounting certifications such as ACCA, ICAEW, CPA, and Tax Advisory Certificates.
Frequently Asked Questions
What is Vietsourcing’s service process?
Upon receiving a service request, Vietsourcing follows these steps:
Collecting original documents: We gather accounting records from the business and provide guidance on invoicing in compliance with accounting and tax regulations.
Accounting data entry: We classify, process, and enter data while preparing financial reports and allocating records into appropriate accounting sections.
Reporting: Our expert accountants submit financial reports for approval and filing with relevant authorities.
How can businesses register for the service?
To register for our corporate accounting services, please fill out the form at https://vietsourcinghr.com/form/inquiry for assistance.
Our consulting team will contact and support you within half a business day.
How does Vietsourcing serve businesses in other provinces?
Following the three-step, half-day process mentioned above, Vietsourcing will deploy the service and send staff to your business location for assessment and prompt service execution.
