Accounting and Audit Coordination
Service Overview:
Ensuring Compliance with ASC CONSULTING’s Accounting and Audit Coordination
ASC CONSULTING specializes in audit coordination and comprehensive accounting services, designed to ensure your business’s financial compliance and integrity. Our approach focuses on facilitating effective accounting and audits, essential for verifying financial accuracy and maintaining transparency with stakeholders across multiple jurisdictions, including the Netherlands, Luxembourg, the United Kingdom, France, Dubai, Hong Kong, Singapore, China, Thailand, and South Korea
IMPLEMENT
- • Incorporation
• Trademark, Intellectual Property & CopyRights
• Sourcing / QC
• CRM
THINK
DEVELOP
- • Distribution
• Funds raising
• Sell / purchase / stock in Europe
• Digitalize your business
What WE DO
- • Tax consulting
• Hide the source of your goods
• Do business in China
• Set up structuring tools
RUN
- • Administrative services
• Tax Filing
• Temporary CEO / COO
• Recruiting
• System integration
Integration of Accounting and Audit Coordination
Auditing is a fundamental process for businesses, offering assurance of financial accuracy and compliance with standards and regulations. In today’s global business environment, efficient audit coordination is essential to uphold transparency and stakeholder confidence. With ASC CONSULTING, our clients benefit from a single point of contact, streamlining the coordination with local auditors and other regulatory partners, minimizing administrative complexity.
Comprehensive Accounting Services: Before the audit process, our team ensures that your accounting is accurate, up-to-date, and reflective of your business’s financial position. We can adapt to your preferred document submission method, whether through direct software integration, customized accounting software, or monthly document collection.
Audit Facilitation: Once accounting is complete, we coordinate with external auditors to verify financial information while maintaining impartiality and meeting compliance standards. This separation between accounting and audit functions ensures that our services adhere to legal requirements.
Benefits of Our Accounting and Audit Coordination Services
Our accounting and audit coordination services offer numerous benefits:
Compliance Assurance: Our services ensure that your financial reporting meets all regulatory, statutory, and internal requirements across jurisdictions, guaranteeing comprehensive compliance.
Risk Identification and Management: ASC CONSULTING goes beyond compliance, actively identifying financial risks and inefficiencies, helping you mitigate potential issues before they escalate.
Single Point of Contact for Multi-Jurisdiction Operations: By consolidating your accounting and audit needs with ASC CONSULTING, you gain a seamless, hassle-free experience, reducing the administrative load associated with managing multiple partners.
Efficiency in Financial Processes: Our coordination optimizes both accounting and audit processes, making them more effective and less burdensome for your business.
For a comprehensive approach to audits, consider integrating our Accounting Software and CRM systems.
Process: Detailed Path to Financial Compliance and Integrity
Our streamlined approach to accounting and audit management covers every essential aspect, providing a thorough and efficient service from start to finish:
Document Collection: We gather all necessary financial and operational data, ensuring all documentation is accurate and compliant.
Bookkeeping and Accounting: Our team manages bookkeeping and financial reporting in accordance with local standards, adapting to each jurisdiction’s specific accounting requirements.
Audit Coordination: For clients requiring audits, ASC CONSULTING liaises with external auditors to ensure transparency and compliance with legal obligations, such as independence standards.
Filing and Tax Submissions: We handle all tax filings, VAT and GST declarations, and ensure that deadlines are met to avoid penalties, working directly with local tax authorities on your behalf.
Advisory and Optimization: Through careful consultation, we provide guidance on regulatory-compliant tax strategies, optimizing your accounting structure while adhering strictly to local laws.
Compliance and Deadlines: Meeting Jurisdiction-Specific Requirements
ASC CONSULTING tailors its services to meet the compliance and regulatory demands of each region where you operate, including the Netherlands, Luxembourg, UK, France, Dubai, Hong Kong, Singapore, China, Thailand, and South Korea.
Jurisdiction-Specific Compliance: We adapt to local deadlines and regulatory standards, whether your business operates on a calendar year basis or a fiscal year cycle, like Hong Kong’s April 1 to March 31 fiscal year. This ensures timely and accurate filings, avoiding potential penalties.
Critical Financial Events: Our team manages accounting adjustments related to key corporate events such as changes in shareholders, directors, or fiscal year schedules, ensuring these updates are accurately reflected in your financial records.
The Strategic Value of Accounting and Auditing
At ASC CONSULTING, we view accounting and auditing not just as compliance tasks but as strategic tools for growth:
Beyond Compliance: While maintaining compliance is essential, we leverage accounting and auditing as strategic resources, delivering insights and data-driven guidance to propel your business forward.
Ongoing Support and Advisory: We extend our support beyond annual audits, treating accounting and auditing as foundational for your company’s long-term planning and development. Our guidance is always aligned with local regulations, ensuring you optimize your structure without shortcuts.
Getting Started: A Streamlined Path to Compliance
Ready to elevate your financial compliance?
Partner with ASC CONSULTING for expert accounting and audit coordination tailored to each jurisdiction. To get started:
Provide Key Financial Information: We begin by collecting essential documents, such as invoices, bank statements, and payroll records.
Discuss Location-Specific Needs: We align our services with each jurisdiction’s unique regulations to ensure complete compliance.
Set a Schedule for Filings: Our team works with you to establish a detailed schedule for filings, audits, and financial reporting, adhering to all deadlines.
Our Main Places of Activity
Our accounting and audit services are meticulously designed to comply with the unique standards and timelines of Singapore, Hong Kong, Dubai, United Kingdom, France, Netherlands, Luxembourg, China, Thailand, and South Korea.
Each region’s requirements are managed by our team with precision, ensuring your business remains fully compliant with local regulations.
Our Group: Expertise in Global Compliance
ASC CONSULTING is a privately owned group, founded by industry professionals with over 25 years of cross-border experience in the legal and fiscal sectors across Europe and Asia.
Our team’s depth of knowledge in international accounting standards and tax environments enables us to provide clients with expert guidance, ensuring compliance and peace of mind for businesses expanding into new regions.
