How Accounting 360 Solutions Helps Companies Reduce Their Administrative Burden
One of the major challenges that investment management and fund distribution companies noted in a recent study is the substantial impact that regulations is having on their operations. Particularly, the amount of time they must spend on managing their reporting and compliance obligations.
At Accounting 360 Solutions one of our core competencies is providing outsourced accounting and bookkeeping support to small and mid-sized companies including those in the asset management, private equity and hedge fund management industries.
We have qualified and experienced advisors, controllers, accounting administrators and bookkeepers with financial service industry experience and can offer a range of onsite services geared towards the specific needs of our clients. In fact we strive to help save businesses time and money by managing this oft daunting task to trying to keep up with regulatory changes from the various levels of governments.
Some of the services we provide to our clients include:
● Maintenance of the monthly accounting records
● Reconciliation of cash accounts
● HST Reconciliations
● Payroll Management
● Tracking and recording of reimbursable expenses
● Calculating fund-related fees/administration, management fees and performance fees (if applicable)
● Calculating income and expense allocations
● Preparation of financial statements
● Assisting with audits
Whether you are at start-up investment company or an established firm interested in generating new operational and administrative efficiencies, we can help. For more information on the accounting and bookkeeping services we can offer you contact us today at 1-613-793-5222 and free your worry about regulations in your business.
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