Financial Reporting: Preparing financial statements such as balance sheets, income statements, and cash flow statements according to standards like GAAP or IFRS.
Bookkeeping: Day-to-day recording of transactions, including sales, purchases, receipts, and payments, which is essential for accurate financial reporting.
Tax Preparation and Compliance: Preparing and filing tax returns, ensuring compliance with tax laws, and identifying opportunities for tax optimization.
Payroll Processing: Managing employee payments, calculating withholdings and deductions, and ensuring compliance with tax regulations.
Cost Accounting: Analyzing costs associated with production or service delivery to help management control expenses and optimize pricing.