Our Approach to Accounting Outsourcing

At BDO, we tailor every aspect of our accounting outsourcing services to the unique requirements of each client—taking into account industry specifics, system integration (import/export of data), and internal or group-wide reporting needs.

How Our Cooperation Works

1. Initiation & Setup

Assistance with company setup and administrative processes.
Establishment and maintenance of daily accounting operations in either our BDO accounting system or your internal system.
Customization of your chart of accounts based on your internal, local, or group requirements.

2. Document Collection

Efficient collection and sharing of accounting documents through:

WFLOW software or BDO Portal
Shared cloud storage or secure upload channels

Document types include:

Bank statements
Cash records
Reserves and accruals

3. Ongoing Communication

We ensure seamless communication via:

BDO Hotline
Client-specific email channel
BDO Portal

4. Processing & Quality Assurance

Full document processing and accounting control
VAT calculation and accuracy verification
Bank order preparation
Inventory and stock accounting
Account reconciliation and data completeness checks

5. Monthly Financial Reporting

VAT compliance: Tax returns, control reports, and document verification
Regulatory reporting to entities such as NBS, ministries, and tax authorities
Corporate income tax estimates and reserve calculations
Month-end closing and summary reports

6. Financial & Statutory Reporting

Customized reporting via Power BI dashboards
IFRS and local GAAP financial reporting
Statutory financial statements preparation per parent company standards (IFRS, US GAAP, HB II, etc.)
Audit preparation support and coordination with external auditors

By choosing BDO’s accounting outsourcing services, you benefit from a reliable partner who supports your finance operations with accuracy, professionalism, and complete transparency.