Presentaion Ourtsourcing Interternational[1] Global Fpo Llp
Transcript of Presentaion Ourtsourcing Interternational[1] Global Fpo Llp
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Advisory Consulting Technology
Global FPODelivering excellence…
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ContentsContents
About Global FPO
Our clients
Our services
Our understanding of your requirements
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About Global FPOAbout Global FPO
Global FPO is a leading international professional services firm that is in to providing various activities of finance and accounting, outsourcing, taxation, investment, funding, information technology and software services.
We deliver customized business process outsourcing solutions to each client for a range of complex individual transaction-based functions. We deliver:
Focused and highly-skilled professional and experienced
team
Timeliness and deadline based services
An onsite-offshore delivery model
A technology oriented approach
Dedication to continuous improvement
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1. Accounting activities
2. Preparation of Budgets and MIS
3. Compliance
4. Internal control
5. Asset and payroll management
6. Financial statements
7. Income Tax/ Sales Tax/ Service Tax/ VAT
Our Services- Outsourcing servicesOur Services- Outsourcing servicesOur Services- Outsourcing servicesOur Services- Outsourcing services
Accounting and related
outsourcing services
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Our Services- Outsourcing services (Contd.)Our Services- Outsourcing services (Contd.)Our Services- Outsourcing services (Contd.)Our Services- Outsourcing services (Contd.)
Accounting and related outsourcing services (Contd.)
Accounting activities
• Setting up virtual Accounts Department• Finalization of Accounting Policies/Procedures• Implementing Controls and Authorizations• Daily accounting of all transactions• Use customized software for accounting• Reconciliation of accounts including:
Bank balance reconciliationCustomer balance reconciliationCreditor balance reconciliationEffective tax rate reconciliations of
deferred and current taxService tax/VAT/ FBT/Excide duty
reconciliation with books of accounts
Preparation of Budget and MIS including:
• Monthly analysis of Company’s performance• Bird’s eye view of critical accounts analysis and
reporting• Analysis of signification ratios• Aging analysis of receivable and payables• Segment reporting• Updating management on regular basis
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Our Services - Outsourcing services (Contd.)Our Services - Outsourcing services (Contd.)Our Services - Outsourcing services (Contd.)Our Services - Outsourcing services (Contd.)
Accounting and related outsourcing services (Contd.)
Compliance• Compliance with authorities (like
PF/ESI/bonus/Gratuity etc.) • TDS, Service tax/VAT/ FBT/Excise duty
compliance and return• Compliance with Companies Act, 1956 and
preparation of relevant records under the Companies Act
Internal control• Set-up of internal controls within the
Organization• Preparation and updation of internal control
manual for organization• Regular review of systems and processes
for constant update
Fixed assets• Preparation of fixed asset register• Physical verification of Fixed Assets.
Inventory• Preparation of inventory records• Valuation of Inventory• Physical verification of inventory
Debtors, bank and loans and advances• Preparation of monthly reconciliation• Aging analysis/Follow up for outstanding
balances• Management of working capital and funds
Others• Maintenance and updation of payroll
records and process
Asset and payroll management
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Our Services- Outsourcing services (Contd.)Our Services- Outsourcing services (Contd.)Our Services- Outsourcing services (Contd.)Our Services- Outsourcing services (Contd.)
Accounting and related outsourcing services (Contd.)
Financial statements
•Consolidation, merger, acquisition, etc.
•Preparation of Balance Sheet, Profit and loss account and related schedules.
•Preparation of Notes to accounts
•Preparation of Cash flow statement
•Preparation of Equity reconciliation
•Co-ordination with local and global auditors
•Convergence of statutory accounts with IFRS and U.S.GAAP
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Direct tax Direct tax management and consultancymanagement and consultancy
Our ServicesOur ServicesOur ServicesOur Services
• Direct tax/ Service Tax/ VAT/ Sales Tax planning and structuring
• Corporate and individual tax return
• Fringe Benefit Tax (FBT) return
• Liaisoning with authorities
• Representing client for assessment and
appeal in front of authorities
• NGO Services
• Transfer Pricing
• Others tax related administrative services like PAN, TAN, etc.
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Our Services- Other servicesOur Services- Other servicesOur Services- Other servicesOur Services- Other services
Other services
Regulatory ApprovalsAssistance in obtaining approvals such as FIPB, STP,
etc.
Registrations under corporate laws, SEBI, RBI and other local authorities
RegistrationRegistration of CompaniesRegistration of trust/ firms etc.
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Our understanding of your requirementsOur understanding of your requirements
Your requirements
Our commitment
An experienced team
We believe that the basis of any successful venture is the people who constitute it and people are also our greatest assets. We have in place for you a team that has been carefully selected to provide you with a blend of seniority, in-depth knowledge, experience, business insight, and the commitment to deliver value.
Consistent and clear communication
We strive to be proactive with regular communications throughout the year. We believe in being open and pragmatic in bringing issues to your Senior Management. To supplement our verbal communication, we would also, from time to time, provide you with deliverables in the form of industry insights, audit initiatives, etc.
Meeting deadlines
We understand and appreciate the fact that a task not finished in time could defeat the very purpose of the process, which is why we build our process and allocate timelines on realistic levels so as to be able to achieve them consistently.
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Our understanding of your requirements (contd.)Our understanding of your requirements (contd.)
Your requirements Our commitment
Staff continuity We understand that for successful delivery and greater efficiency, it is imperative to have a consistent and reliable service team, which is why we take extra care in having team continuity. However, in certain cases it becomes necessary to make changes, but to avoid any subsequent adverse impact on the overall efficiency of the team, we have a strong knowledge management base that would help reduce informational gaps and enable team continuity with reduced disruption.
12© 2007 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved.
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