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A member of the Mason LaRoche Group
 

Outsourcing Services
Management Accounting & Trade Services

Tight control of financial operations is of critical importance to any organisation. However, by efficient outsourcing, setting up a business does not necessarily mean having to commit staff and other expenses to ensure such control.
SL provides management accounting and related services or delivers full turn-key back office functions.
Our accounting services include:
· Maintenance of accounting records
· Provision of periodic financial reports monthly/ quarterly/ annual
· Provision of complex financial performance and analysis reports
· Preparation of financial statements for audit
· Audit liaison and accounts finalization
· Bank receipts and disbursements management
· Setting up and administering payroll and provident fund schemes
· Preparation of budgets, forecasts, business plans and cash flow statements
· Operation of bank accounts and administration of creditor payments
· Provision of payroll services and attending to other employer obligations.

Please note that SL does not provide audit services. If required, SL can introduce clients to local audit firms that can undertake audits in accordance with relevant regulatory requirements.

Our trade services include:

· Management and administration
· Raising invoices on clients' letterhead or invoice forms
· Receiving and negotiating letters of credit
· Preparing documents and instructions to banks
· Liaison with factories, vendors, customers and suppliers
· Coordinating shipments on behalf of customers; liaison with freight forwarders and insurers
· Arranging quality control inspections
· Arranging trade credit lines with banks
· Introduction of forwarding companies in China
· Working with our clients to their professional advisors to establish the most appropriate trading structure

SL offers ongoing bank account management services including:

· bank account signatory services for client bank accounts to facilitate payments, transfers and other transactions
· remittance monitoring
· maintenance of bank account records
· liaison with banks when required



  © Shen LaRoche 2002