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We provide advisory services related to the accounting process depending on the stage of the client’s business. We especially offer the best and finest service when it comes to month-end closing, quarterly financial results, consolidated financial statement, early closing of accounts, accounting audit support, IFRS (International Financial Reporting Standards), etc.
We can provide support for the formulation of appropriate accounting policies based on the application of new accounting standards and on various business transactions and operational activities that occur in connection with the business activities of our clients. We will assist in the examination of the best accounting method for business efficiency and effectiveness while considering the practice of the client when it comes to their back-office operations.
In order to prepare the summary of monthly, quarterly, and consolidated financial results quickly, accurately, and efficiently, cooperation from related departments such as sales, production and business development departments, as well as subsidiaries and affiliates is essential. To achieve this, our advisory team will review the upstream and downstream of the business flow and create proposals to improve the process.
Except for a few large businesses, there are many companies that do not perform proper management accounting and have insufficient cost accounting systems. The main reason for this is that there is no clear purpose in mind, and this leads to inability to select the appropriate approach. The goal then is to build the best and most suitable cost accounting system that fits the purpose of the business, apply strategic management accounting, and “coordinate and match” management accounting with financial accounting. Our certified public accountants who have abundant experience in the field can provide support by looking thoroughly into the practical situation of the client and introducing the strategic management and cost accounting method appropriate for the business.
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Accounting Advisory Services – Fee Structure
Regarding the fee structure for our Accounting Advisory Services, we will provide a quotation either on a time charge basis or a fixed fee arrangement calculated from the estimated hours to be spent on the expected scope of work. Depending on the matters to be consulted, there may be cases where it would be difficult to apply the fixed fee arrangement. Nevertheless, RSM Shiodome Partners takes on the mission to provide excellent cost-effective services within the budget of the client. Please feel free to contact our consultants for the details of our fee structure.
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