Accounting & Advisory

Outsourcing your accounting needs to China Business Advisory is like having your own in-house accounting team.

You get professional output without the hassle of managing your own staff and keeping up with changes in accounting regulations. You also need not be concerned with computer downtime, software obsolescence or staff absence due to leave or resignation.

The China Business Advisory team is experienced and well versed in PRC Accounting Standards as well as International Financial Reporting Standards (IFRS).

Our services include:

Accounting Outsourcing Services:

• Business Processes Outsourcing Solutions
  • Order to Cash (OTC)

    - Revenue Recognition
    - Billing, Invoicing and Collection management

  • Procurement to Payment (PTP)

    - Vendor Payments and Staff Reimbursements

  • Record to Report (RTR)

    - Bookkeeping and PRC Reporting
    - Group Reporting

  
  
  

• Budget, Treasury and Cashflow Management Services
• Tax Compliance Services

Financial Shared Service Center Solutions

• Financial Shared Service Center Setup
  • Cost Benefit Analysis
  • Location Analysis
  • Organisation Restructure and Transition
  • Team Recruitment and Maintenance
  • IT upgrading and Process Optimisation

• Project Support Service
  • System Go Live, Data Migration and Data Entry Backlog

• Long-term Onsite Support
  • AP/AR/GL/Treasury/FP&A
  • Staff T&E Payments and Review

• 3-6 months Short-term Onsite Support
  • Maternity Leave, Sick Leave and Other Temporary Position Vacancies

Advisory Services

• Pre IPO Services
  • Accounting Health Check
  • Reconstruction and Rectification of Accounting Records
  • Intercompany Transactions Review and Reconciliation

• Digital Transformation Solution
  • Integrated SaaS Platform Solution
  • ERP System Implementation
  • System Change and Data Migration

• Internal Control Solution
  • Internal Control Setup and Control
  • Stocktaking and Verification
  • Supply Chain Risk Assessment
  • Fixed Assets Management

• Restructuring and Insolvency Services
  • Tax De-Registration

• Management Training
  • Straining for Non-financial Professionals
  • Marcoeconomic Policy Training Class