Outsourcing Services
Experience the best advisory & accounting solutions with our premier blend of skill, technology, and client-centric approach.
At KSMC, we leverage our expertise in accounting, finance and management, along with our knowledge of the M&A market to provide essential guidance to your business. Our customized accounting and advisory services are designed to support you at every stage of the business lifecycle. By entrusting our team with the fieldwork, our clients free up time and resources to achieve exponential business growth. Our financial due diligence outsourcing services aim at accounting and boutique advisory firms across geographies.
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Outsourced Advisory Services
We partner with our clients to execute agreed upon procedures on financial due diligence engagements and serve as an extension of our clients’ in-house staff. This allows for faster project completion, greater efficiency, and timely reporting. Our clients include businesses, CPA and other accounting firms, and boutique advisory firms.
Our team handles all the areas within the scope of a typical buy-side or a sell-side financial due diligence, involving preparation of initial financial statements using trial balance (or internal reports) level data, identification of drivers of revenue and margin using transaction level data, quality of earnings analysis, working capital and net debt analysis, proof of cash, and other supporting analysis. We are equipped to draft management meeting agendas and due diligence report sections.
Outsourced Accounting Services
KSMC’s outsourced accounting services are aimed at providing a comprehensive suite of F&A services such as bookkeeping and management accounting. We understand that small and medium enterprises (SMEs) are the backbone of any economy, and that CPAs and bookkeepers are essential in fortifying these businesses financially. KSMC assists businesses, CPAs and bookkeepers by handling their back-office operations, enabling them to concentrate on growth, deliver high-quality, value-added services.
We specialize in delivering expert outsourced bookkeeping services, providing accounting firms access to highly skilled offshore bookkeepers. While bookkeeping is often seen as just a compliance-driven task, it is actually the cornerstone of the broader accounting process. Accurate recording and management of financial transactions, including invoices, bills, expenses, and deposits, are essential.
By leveraging our outsourced bookkeeping expertise, you can delegate bookkeeping tasks to us, allowing your internal team to focus on more strategic initiatives. Our goal is to alleviate the burden of time-consuming bookkeeping tasks, enabling your accounting firm to benefit from labor cost savings and technological advancements.
We streamline the bookkeeping process for you. Together, we’ll understand your specific requirements and ensure reports are provided in your preferred format. We’ll efficiently gather your bookkeeping data using the most convenient method and ensure timely delivery of reports once we receive the final information. We’re also open to using your firm’s document management systems to record our work if that is your preference.
Our book-keeping services ensure your financial records are accurate, up-to-date, and compliant with relevant accounting standards. This includes:
- Accurate entry of all financial transactions
- Reconciliation of bank and other general ledger accounts
- Accounts receivable and accounts payable management, including customer invoicing, payment collection and application, and vendor invoice processing
- Preparation of MIS and reporting
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Our Confidentiality Standards
Our team in Canada and India handle the above processes with the utmost levels of confidentiality, integrity, professionalism, accuracy and timeliness. Our standardized processes ensure that we consistently deliver outputs that align seamlessly with our clients’ templates and guidance. Additionally, we continuously update these processes to remain current and relevant.
Benefits of outsourcing with us:
- Time zone advantage with our teams based in India ensures prompt delivery and increased productivity
- Cost savings on staffing, training, and technology
- Access to a team of experienced professionals
- Flexible yet scalable solutions to support business growth
- Enhanced accuracy and timeliness of financial information
- Improved financial controls and reduced risk of errors and fraud
- Freeing up internal resources to focus on core business activities
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Putting your team together? Consult with us to define your staffing needs.