Outsourced Accounting

Outsourced Accounting

BDO outsourced accounting team provides a full range of professional accounting services to business owners in Latvia and internationally. The outsourced accounting provided by BDO helps to solve certain issues related to accounting, finance and taxes, as well as provides consultations for the implementation of modern and integrated solutions.

The advantage of the BDO outsourcing solutions is the experience of a global organization and knowledge of the local market, regulations and business needs. Our goal is to provide outsourcing solutions so that our local and foreign clients can effectively manage their company's financial data and make timely strategic decisions.

BDO outsourced accounting solutions: 

FINANCIAL ACCOUNTING 

  • Bookkeeping in accordance with local legislation requirements and International Financial Reporting Standards (IFRS).
  • Source document compliance review and recording of accounting transactions. 
  • Payroll accounting. 
  • Sales invoice preparation and distribution. 
  • Bank payments. 
  • Tax accounting, reporting and control. 
  • Statutory reporting. 
  • Internal and external audit assistance. 
  • Statistical reporting. 

MANAGEMENT ACCOUNTING 

  • Budgeting and budgetary control. 
  • Data processing and analysis. 
  • Management and group reporting. 

EFFECTIVE RESOURCES MANAGEMENT 

  • Review and evaluation of the current accounting solution effectiveness. 
  • Accounting processes’ review and analysis. 
  • Effective accounting process development and implementation. 
  • Accounting policies and internal documentation development. 

Please contact us for a detailed consultation, to find out the cost of services or to request an offer prepared for your needs.