Why?
Safe accounting constitutes grounds for the existence of each company, and is, therefore, absolutely crucial. Security itself, which means regulatory compliance, does not necessarily mean that accounting processes are implemented effectively, quickly and with an appropriate support level for the management board.
Effective processes and swift organisation of the accounting system are an element of competitive leverage, thus being an important factor of corporate success. Organising the information accumulated within the accounting system enables faster access to verified data and the development of management operations in this field. They, in turn, are the foundation for assessing risks and trends, as well as defining and monitoring indicators that are key to company strategy and business development.
Combining these needs in a fast-changing regulatory environment, both domestic (accounting and tax regulations) and international (International Financial Reporting Standards or other foreign provisions, depending on the group’s consolidation profile) is often a considerable challenge for enterprises.
For whom?
Both domestic companies starting their business operations, as well as subsidiaries or foreign branches of foreign investors established in Poland, for whom professional structuring of the in-house accounting and/tax departments is important. Also for already existing enterprises that recognize their deficiencies in the effectiveness of processes related to the accounting and/or tax departments.
How?
We offer assistance in developing and implementing accounting solutions within the structures of various organisations, which includes, among others:
- developing an accounting policy concept and documentation, as well as consultation on applicable valuation principles;
- drawing up accounting organisation documents, such as manuals related to stock-taking, and document emission, flow and control, etc.;
- assessment of IT accounting systems, and support in terms of accounting computerisation;
- adapting accounting systems to entity reporting processes, taking into account both domestic and foreign/international reporting standards;
- drawing up accounting analyses and opinions;
- support in the financial statement preparation and reporting process;
- case-specific consulting related to abnormal economic operations;
- specialised training.
We also provide comprehensive solutions in terms of developing principles and organizing an in-house accounting department. If necessary, we closely cooperate with tax advisers, auditors and lawyers from TPA Poland.
