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Our Service

Services We Provide

create value for YOU

TAXATION

(a) Income Tax, Sales Tax, Service Tax & VAT compliances
(b) Contesting Tax litigation,
Investigations and Tax Audits
(c) Tax Planning

FINANCIAL & BUISNESS ADVISORY

(a) Business Valuations & Models
(b) Project Feasibility & Appraisal
(c) Financial Advisory
(d) Management Consultancy
(e) Foreign Investment Advisory
(f) Merger & Acquisition

ACCOUNTING & AUDIT ASSURANCE

(a) Bookkeeping
(b) IFRS and IAS Compliances
(c) Statutory / External Audit (IAAS Compliances)
(d) Due Diligence
(e) ERP Implementation
(f) Internal & Forensic Audit

CORPORATE

(a) Company Formation
(b) Investment agreements
(c) Business Agreements
(d) Arbitration & Dispute Resolution
(e) Corporate Litigations
(f) Facilitation in Tech Startups
(g) Trademark Registration

The Future We See

DIGITALISATION

Keywords such as “digitalisation”, “big data” and “data analytics” are also omnipresent in the financial sector – regardless of company size and industry. Digitalisation will bring major changes to all companies. Besides the change in entire core business models, digitalisation particularly encompasses support functions such as accounting, controlling and management. The focus of accounting digitalisation is the uniformity of the basic systems used in accounting, as well as a routine evaluation of the quality and accuracy of master data. By contrast, real-time reporting, cloud computing or complex big data analyses do not, as yet, play a large role for most companies. The expansion of interfaces to external systems such as suppliers and banks is also considered to be important. The possibility of automating routine processes to the greatest extent possible with the aid of digital technologies is being pursued by companies with high priority, however, at present, this has not been fully exploited. Apart from this focus, companies have, in particular, increased the speed of reporting and accelerated the digitalisation of end-to-end processes. Cost savings were rarely the focus here. The optimisation and digitalisation of process is described as laborious and complex, repeatedly resulting in conflicts in the internal allocation of personnel. Presently, the main responsibility for digitalisation in accounting is borne by Accountancy Firms. Approximately majority of the companies are in the middle of applying digital solutions and the management of digitalisation within the accounting system. Through the use of digital technologies, companies also expect accountancy firms to be more efficient and also of increasing quality. The optimisation and digitalisation of process is described as laborious and complex, repeatedly resulting in conflicts in the internal allocation of personnel. Presently, the main responsibility for digitalisation in accounting is borne by Accountancy Firms. Approximately majority of the companies are in the middle of applying digital solutions and the management of digitalisation within the accounting system. Through the use of digital technologies, companies also expect accountancy firms to be more efficient and also of increasing quality.

BLOCKCHAIN

Blockchain is an accounting technology. It is concerned with the transfer of ownership of assets, and maintaining a ledger of accurate financial information. The accounting profession is broadly concerned with the measurement and communication of financial information, and the analysis of said information. Much of the profession is concerned with ascertaining or measuring rights and obligations over property, or planning how to best allocate financial resources. For accountants, using blockchain provides clarity over ownership of assets and existence of obligations, and could dramatically improve efficiency. Blockchain has the potential to enhance the accounting profession by reducing the costs of maintaining and reconciling ledgers, and providing absolute certainty over the ownership and history of assets. Blockchain could help accounting firms gain clarity over the available resources and obligations of their organizations, and also free up resources to concentrate on planning and valuation, rather than recordkeeping. The move to a financial system with a significant blockchain element offers many opportunities for the accountancy profession. Accountants are seen as experts in record keeping, application of complex rules, business logic and standards setting. They have the opportunity to guide and influence how blockchain is embedded and used in the future, and to develop blockchain-led solutions and services. Accounting firms can also work as advisers to companies considering joining blockchains themselves, providing advice on weighing the costs and advantages of the new system. Blockchain has the potential to enhance the accounting profession by reducing the costs of maintaining and reconciling ledgers, and providing absolute certainty over the ownership and history of assets. Blockchain could help accounting firms gain clarity over the available resources and obligations of their organizations, and also free up resources to concentrate on planning and valuation, rather than recordkeeping. The move to a financial system with a significant blockchain element offers many opportunities for the accountancy profession. Accountants are seen as experts in record keeping, application of complex rules, business logic and standards setting. They have the opportunity to guide and influence how blockchain is embedded and used in the future, and to develop blockchain-led solutions and services. Accounting firms can also work as advisers to companies considering joining blockchains themselves, providing advice on weighing the costs and advantages of the new system. 

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