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Global Services
In today’s globalized and digitized world, companies and CPA firms face continually increasing demands—and the pressure this creates to remain competitive, accurate, and responsive. In partnership with our affiliate, AWC Business Solutions, A. Wahab & Co. provides flexible Global Services that go beyond traditional outsourcing, including outsourcing, co-sourcing, and project-based support. Through A. Wahab & Co., clients can extend capacity with offshore delivery across core accounting and finance workflows, as well as support for assurance-related work where appropriate. Through AWC Business Solutions, clients can access U.S. CPA–led services focused on U.S. tax compliance, U.S. GAAP-oriented reporting, and cross-border engagements involving Bangladesh. We believe the internet has permanently expanded what teams can build together across borders; by embracing this dispersion thoughtfully, we can collaborate more effectively, learn from one another, and create better outcomes for the organizations we serve.
Assurance and Taxation Support
We offer co-sourced assurance and taxation support services to public accounting firms in other countries to help their teams manage their workloads during busy seasons. For assurance services, we train our staff on IFRS, GAAP, and GAAS. However, for taxation, our global team currently only focuses on US tax. Our team is trained in using the CaseWare audit software and preparing Forms 1040, 1065, 1120, and 1120S using tax software.
Bookkeeping and Financial Statement Preparation
Outsourced bookkeeping services enable companies to take back valuable time and resources that can then be used to strategize and focus on core business operations. We offer professional bookkeeping services so our clients can have all the valuable financial information they need professionally prepared for a fraction of the in-house cost, as well as an expedited tax filing process. Our staff is trained in using the Quickbooks accounting software and performs the following activities and more:
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Setting up the chart of accounts
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Coding and recording all transactions
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Maintaining ledgers and sub-ledgers
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Updating the Fixed Asset Register
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Month- and year-end closings
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Bank reconciliations
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Financial statement preparation
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Management Information System Reporting
Accounts Receivable and Payable
Co-sourcing accounts receivable and payable can be an efficient and cost-effective solution for companies looking to minimize time spent on repetitive tasks, such as processing invoices and checks while maintaining the desired level of control over the process and quality. Co-sourcing these functions allows companies to reduce the amount of paper to manage and time and error rates due to work being performed by dedicated professionals.
Our staff is trained in using ERP software and perform the following activities and more:
Accounts Receivable
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Creating customer invoices
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Accounting for receivables transactions
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Maintaining ledgers
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Collecting and soliciting payments on overdue debts
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Reconciling accounts
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Issuing credit memos and refund checks
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Preparing monthly, quarterly, and annual receivables reports
Accounts Payable
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Processing vendor invoices
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Accounting for purchase and payable transactions
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Maintaining ledgers
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Processing payments after obtaining required authorizations
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Reconciling accounts
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Communicating with suppliers
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Preparing monthly, quarterly, and annual receivables reports
