What is outsourced accounting?

In most cases outsourced accounting is a service used by small business for different reasons. First and foremost, a small company often has to be careful with its financial resources and must dedicate those in a cost-effective way to the most important aspects of the business as a priority. And in general, the owner of a small business will be eager to cut the costs on the secondary aspects/activities of his company. Therefore, in this perspective, small businesses will be able to save money by outsourcing their accounting department thanks to the cut in staff costs.

Another important reason why small businesses tend to outsource their accounting works, is the will to save time on researching and understanding business accounting aspects likes tax compliance regulations, labour registration, payroll, red invoices, etc...

As a positive outcome, the entrepreneur will be able to spend more energy on improving revenue, increasing the number of employees or improving their services and products.

Viet Australia Auditing, as a specialised firm, has the experience and skills to handle accounting operations in a professional, timely and confidential manner. Outsourcing accounting to Viet Australia is also a good decision, as we provide reliable assurance of the company's financial information, and can provide it with analysis and advice required to the further development of the company.

If you wish to outsource your accounting, here are the fields in which Viet Australia can support you:

1. Accounting Services:

• Maintain books and records.
• Bookkeepping.
• Quarterly and annually prepare financial reports in accordance with regulations.

2. Tax Compliance Services:

• Prepare tax reports (VAT, PIT, CIT) and submit them to the tax authorities in accordance with regulations.
• Report the finalization of annual corporate income tax.
• Submit reports to the tax authorities.
• Work and contact directly the tax authorities on behalf of your business.

3. Tax Consulting Services:

• Provide consulting and advice on accounting, taxes (VAT, PIT, CIT), invoices and vouchers according to the company's request/needs.

Viet Australia
Viet Australia Auditing Company is an independent auditing organization licensed and established in 2007 in the Socialist Republic of Vietnam.