Global Compliance and Reporting Services
Global Compliance and Reporting Services
Global Compliance and Reporting Services
and Reporting
Services
Global Compliance
and Reporting
Services
Accounting and financial systems and The objective of this service is to maintain
controls are at the heart of effective accounting records for an entity in the local
business and stakeholder management. or group financial reporting framework, e.g. IFRS
We can help you get it right or others. This includes recording purchases, sales,
employees, taxes, depreciation, amortization,
Accounting Compliance and Reporting is a truly accruals, reserves and sundry transactions
integrated service that provides the outsourcing journal entries in the general ledger maintained
answer to our clients’ compliance and reporting for the entity.
challenges around the world. Our services are
designed to help national and multinational The service also includes cost center or segment
companies achieve greater visibility and control accounting records (a divisional or separate part of
across the Tax and Finance functions. the general ledger) as well as accounts payable and
receivable sub-ledgers and fixed assets.
Having efficient and accurate accounting and
financial processes in place is critical to providing a We also reconcile purchase orders approved by
complete and accurate view of your business at any an entity and match them with supplier invoices
one time. From time to time, enhancements may as well as reconciling accounts receivable and
be necessary to increase the efficiency, accuracy accounts payable sub-ledgers or intercompany
or timeliness of management information, and accounts, including defining the reconciliation
deficiencies or weaknesses in reporting systems process and sending an inter-company accounts
may occasionally need to be addressed. reconciliation request on a timely basis. EY
communicates any mismatch to the entity.
Our team works with clients to assess their needs
and help them enhance their accounting and In addition, we may perform bookkeeping for the
financial reporting processes as well as their key following purposes:
performance indicators. • Assistance with the accounting setup phase
of a (new) business and daily operations,
Global Compliance and Reporting services include:
including the incorporation process, support for
• Accounting and Bookkeeping services accounting software implementation/migration,
• Statutory Reporting Preparation services chart of accounts definition, finance/accounting
• Financial Statements Close Process (FSCP) processes design and implementation,
accounting control systems design and
Accounting and implementation, and training
Bookkeeping Services • Accounting remediation, account reconciliations,
Accounting and Bookkeeping services are administrative accounting support or
valued by both large and mid-sized companies. participation in an accounting project for an
The operational support we provide facilitates entity’s finance/accounting department on a
year-end closing and ensures the quality of temporary basis (for example, because the entity
information for audit purposes as well as the lacks resources or expertise)
quality of tax data for business, employment • Restoration of local accounting books in
or corporate tax disclosures. accordance with the requirements of local
accounting legislation
Accounting and Bookkeeping services help
our clients • Preparation of accounting, tax and management
reporting based on accounting books maintained
• build a strong data foundation for a more by EY as well as on data provided by clients
efficient compliance and reporting process
Permanent and one-off consulting services on
• navigate local reporting during finance accounting, tax and management accounting.
transformations as they transition to Shared
Service Centers
EY’s Strength:
Project concept
Practical Approach
EY specialists will provide your company with
continuous access to new knowledge and
solutions as well as our unique experience Company function
in solving similar problems. We will minimize
the risk of expenses due to accounting errors, Decision
make the company’s use of internal resources making
more effective and optimize the structure of
Work in tandem Decision
your financial divisions. optimization
Work process
The goal of fast closing is to optimize (accelerate) and improve the quality
of preparation of financial statements and data for external auditors.
About EY
EY is a global leader in assurance, tax, transaction and
advisory services. The insights and quality services we
deliver help build trust and confidence in the capital
markets and in economies the world over. We develop
outstanding leaders who team to deliver on our promises
to all of our stakeholders. In so doing, we play a critical
role in building a better working world for our people, for
our clients and for our communities.
EY works together with companies across the CIS
and assists them in realizing their business goals.
4,500 professionals work at 20 CIS offices (in Moscow,
St. Petersburg, Novosibirsk, Ekaterinburg, Kazan,
Krasnodar, Rostov-on-Don, Togliatti, Vladivostok,
Yuzhno-Sakhalinsk, Almaty, Astana, Atyrau, Bishkek,
Baku, Kyiv, Tashkent, Tbilisi, Yerevan, and Minsk).
EY refers to the global organization, and may refer to
one or more, of the member firms of Ernst & Young
Global Limited, each of which is a separate legal entity.
Ernst & Young Global Limited, a UK company limited by
guarantee, does not provide services to clients. For more
information about our organization, please visit ey.com.
www.ey.com
Contact information
Amangeldy Mussayev
Partner
Global Compliance and Reporting
Теl.: +7 727 258 5960
[email protected]
Botagoz Bassanova
Senior Manager
Global Compliance and Reporting
Теl.: +7 727 258 5960
[email protected]