World class accounting support at competitive value
ACE Advisory provides end-to-end finance, accounting, and reporting outsourcing services. We support businesses by rationalizing costs while achieving performance, mitigating risks of non-compliance and identifying areas of growth. We believe in understanding customers’ exact needs and developing a customized solution that best suits their diverse business needs. We cater to the accounting needs of global and local clients by offering a comprehensive range of services, which includes:
General Accounting
Preparation and maintenance of day-to-day bookkeeping and monthly or quarterly accounts, where we act as your accounting bookkeeper. Our experts utilize popular Bookkeeping, Accounting, and ERP software platforms to ensure data correctness and faster results. For clients who do not have accounting software, we engage a SaaS (software as a service) model where we provide licensed QuickBooks deployment as part of our accounting outsourcing services in Bangladesh. Our accounting software is hosted in secure cloud servers with daily backups and enhanced security designed to provide the highest level of security for client data.
Financial & Management Reporting
We are experts in management, financial and regulatory reporting and our services include:
- Preparation of statutory financial statements as per International Financial Reporting Standards (IFRS) in Bangladesh.
- Preparation of management reports as per client requirement including customized Group Reporting.
- Preparation of all forms of regulatory reporting in Bangladesh.
- Month closing activities including accruals, JVs, and reversals.
- Forecasts and budgets
- Tax statements
- Reconciliations including bank, revenue, asset/liability codes, etc.
Receivables & Payables Management
We help clients better manage their balance sheets by providing the following services:
- Invoice processing/order processing
- Payables processing
- Managing credit days
- Providing timely reports to ensure timely collections to reduce debtor days.
- Payment processing.
Fixed Asset and Inventory Management
We assist clients manage their inventory and fixed assets by:
- Tracking and accounting for fixed assets
- Record inventory movement, location, and delivery.
- Periodic inventory and fixed asset counts.
- Fixed asset tagging services.
- Running depreciation.
Assistance to Auditors for Statutory and Internal Audits
We work with client-designated auditors to ensure smooth completion of statutory, management, and internal audits. Our teams are trained to be the first point of contact for auditors and providing documentation, ledgers, and reports for auditors.
Trusted by Many!
"ACE Advisory as a company and its founders are proficient in their work and overall approach. We have had a good relationship with them so far for our consultancy work, accounting services, tax filings, compliances. The most important aspect of the company being they go beyond the written word in the scope by supporting their clients/partners in their emergencies too."
"ACE Advisory was instrumental in establishing our back-office operations in Bangladesh and they continue to provide quality and efficient outsourced finance, accounting, payroll and tax services to us. Their insights helped us rollout a SAP localization in under 3 months and they assume a high level of responsibility for client work, compliance, and filings."
"Critical issues surrounding our entity setup in Bangladesh was resolved smoothly and quickly by ACE Advisory. We have since engaged them for complete back office outsourced services and find their service and support to be professional and of the highest quality at all times. Management does not hesitate to provide services beyond the written scope of work."
"The advice and support provided by ACE has significantly contributed to establishing our business in Bangladesh. We experienced them as proactive and professional business and tax advisors helping us to structure our operations in an efficient manner."
"ACE Advisory’s PEO (PEO is the technical term we use for outsourced employee services where we hire on your behalf) and HR services enabled the rollout of our Bangladesh operations in under a month. Since then and over the last 4 years, ACE Advisory has proven a trusted local partner providing the unparalleled fiduciary services."
"ACE advisory has helped us considerably with the local accounting and financial compliance in Bangladesh. We are pleased with their support on different challenges we faced and with their quality of work."
"ACE Advisory is a reliable consulting firm, and we highly recommend it. ACE Advisory provides professional service at a reasonable fee, and I do appreciate their quick and flexible response to my detailed questions, it enables me to satisfy the requirements of our head office in Japan."
"ACE Advisory is our go to firm for tax advisory work for mutual clients. The partners are highly attuned to the needs of MNCs and foreign investors and are very good at providing quick and reliable advice."
"ACE advisory's quality of service has been remarkable. We sincerely appreciate the level of detail and accountability ACE demonstrated in our engagement"
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© 2024 ACE Advisory. All Rights Reserved.
© 2024 ACE Advisory. All Rights Reserved.