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Financial Accounting Services


"We help our clients turn change into opportunity. Our Financial Accounting Services are designed to help our clients take advantage of change by combining the right mix of growth and protection strategies."

The Accounting & Financial Services Division is responsible for collecting, analyzing, recording, auditing and reporting all financial transactions of the City in accordance with all applicable accounting, City and other governmental requirements and/or guidelines. This division is also responsible for billing and collecting miscellaneous City revenues as well as providing oversight management of the City's Financial Management Systems. Specific areas of accounting and financial reporting responsibilities include the General City, Utilities, Grants (Federal, State and Local) Pasadena Community Development Commission and Parking Operations. The Accounts Receivable Section of this Division performs billing and receivables management for paramedics service, false alarms, occupancy inspection and property damage. The internal audit function performs financial and other audits as necessary to maintain adequate systems of internal control, safeguard assets and ensure the preparation of accurate financial reports.

Our Offshore Outsourcing Expertise in this Area are :

1) Finacial Analysis Services

2) Bookkeeping (Book-Keeping)

3) Tax Processing and Tax Preparation

4) Account Receivable

5) Insurance

- Insurance Claim Process
- Insurance Lead Generation

6) Account Payable

 

Web-based Accounting System

- Access to information / data storage
- Secure approval process
- Flexible reporting

- Bank and other account reconciliations

- Maintain asset sub-ledgers

- Preparation and maintenance of workpapers

- Monthly and year end close procedures

Financial Reporting Processes :

- Financial statements, including drafting footnotes
- Consolidations
- Management Reporting
- Budgeting, forecasting and financial analysis
- Regulatory reporting, including SEC and NASD

Income Tax Services :

- Income Tax Compliance
- Coordinating choice of legal entity
- Structuring entities
- Review of entity formation and equity offering documents
- Tax Planning Strategies

Advisory Services :

- GAAP/Technical Support for Complex Accounting Issues
- Financial statement audit support services
- Consultation on accounting and tax implications of significant
  agreements and transactions

Transaction Support, including

- SEC Reporting
- Mergers & Acquisitions
- Private Placement Memorandum