Why do you need our service?

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Why do you need our service?

I am thinking about starting a business. Why do I need an outsourced accountant?

We had helped numbers of start-up ventures. There are many important decision need to be made with the help of someone experience with complex accounting, finalized business structure, tax compliance and other legal and secretarial compliance. One example is the preparation of financial projections to be in the business plan.

There are several other issues that need to be immediately addressed such as selecting affordable accounting software, establishing budgets, implementing policies and authorizations, establishing accounting policies and filling system, registering the business and other statutory requirement on the business such as registering Employee Provident Fund (EPF), Social Security Insurance (Socso) and income tax number and make mandatory contribution with strict deadlines.

What does Outsourced Accountant stand for?

BPO is an acronym for Business Process Outsourcing. Traditionally, Business Process Outsourcing has been a management tool available only to large companies. These companies save dollars by outsourcing their non-core function, such as accounting, finance and human resource to specialized service providers.

We provide outsourcing of these back-office functions to small, mid emerging growth companies.

Does CF ASSOCIATES PLT provide non-accounting services?

We provide other “back office” services such as data entry, payroll, and administrative support.

I already have an accounting staff. Why do I need an outsourced accountant?

Most accounting staff employees have limited work experience. They perhaps have work with a few companies where they report to a more senior accountant. They may be reporting to the business owner who has a background in general business, engineering but probably not finance or accounting. There may be many areas where these staff needs guidance.

Also, many business owners do not have the ability to properly train and supervise their accounting staff. We can provide the guidance and management. This enables the staff accountant to grow and to gain the experience to address these issues.

We pride ourselves on building trust and long term relationship with clients and clients’ staff and we are always reachable by phone.

Does an outsourced accountant replace my auditor?

No. Auditor is an independent, outside accountant that delivers audited or reviewed statement and is very important to the success of your business.

We should be considered your internal accountant. We are to answer all the accounting queries of your auditor.