Financial Accounting Policies System and Design
AMCS provides assistance in the following areas:
✔ Define and Design Effective Charts of Accounts.
✔ Strategically lead implementation of the design and function of the organisation’s chart of accounts according to best practice.
✔ Design processes and relevant strategies according to best practice and produce corporate guidelines on provisions.
✔ Provide advice on process improvement, governance and exceptional situations.
✔ Produce Guidelines and Policy for Accounting Operations; Formulate Risk Mitigation Strategies for Bad Debts.
✔ Ensure Effective Accounting Processes and Implement changes consistent with Best Practices.
✔ Design Receivables and Payables Processes and Relevant Strategies according to Best Practices.
✔ Resolve Exceptional Situations in the Receivables Process, Calculate Complex Provisions; Advise on Debtor Risk Mitigation methods
✔ Manage Centralised, Complex Accounts Payable Processes; Advise on Implications of Creditor Profile on the Business Performance as well as Alternative Processes related to Payables
✔ Simplify, Improve and Harmonise Existing and Complex Processes and Systems for Account Reconciliations and Month-End Closing
Contact AMCS Jamaica Limited for Financial Accounting and Reporting Services