ACUMEN Accounting & Finance
ACUMEN understands the importance of accurate financial data. Accounting tells the story of how your business is performing. It also provides the information needed to make good business decisions; so that the book has more chapters. Our accounting division adopts a flexible, user-friendly approach and in conjunction with our technology division, will create a business solution that suits your particular business model. In keeping with our growth and mentorship vision, the service is more than just a figure generating facility. Rather than generate spreadsheet after spreadsheet and report after report, ACUMEN will advise you how to structure your accounting and how to use that data to make good business decision.
The ACUMEN group is built on the philosophy that financial data is integral to success. The mere accumulation of data is without substance unless that data can be used.
It is therefore vital that the information is collated into financial reports. ACUMEN Accounting's detailed knowledge of the accounting framework coupled with our business experience allows us to compile reports that you can use to make informed decisions.
We are able to take your data and compile reports you need, in easy, readable format; be it for your own internal purposes or external use such as raising capital. All our business and accounting solutions include full financial accounting reporting structures.
Every business that decides to use accounting or bookkeeping software faces the dilemma of which software. That decision may be guided by your bookkeeper, auditor or colleagues. The ACUMEN philosophy is built on technology as a means of efficiency that leads to a competitive advantage.
We offer a full cloud service that provides a complete business solution. Accounting, POS, multiple stock units, human resource, CRM and such forth. Most importantly, our team of accountants, software guys and business analysts will work with you to arrive at a solution that works for YOU, in your business.
No matter which software you use, our team will work with you to structure the program to provide the best data for decision making and control.
ACUMEN Accounting has built a special passion for reconstructing financial records, especially when starting with an existing business that has not had the required guidance or wants to adapt to a more informative accounting policy.
in conjunction with our legal and business management teams we are able to assist in forensic audits and investigations and present a report that is correct in terms of accounting but also observes the legal requirements of admissible evidence.
If you suspect employees engagement in fraudulent activities then the subsequent disciplinary processes can be conducted by our employment law team.
Bookkeeping or accounting, what is the difference? Bookkeeping is an indispensable subset of accounting. Bookkeeping refers to the process of accumulating, organizing, storing, and accessing the financial information which is needed for the day-to-day operations and to prepare the financial statements and reports.
ACUMEN Accounting will just as happily perform your bookkeeping functions as it will your accounting. We can provide the infrastructure and training to allow you to do your own bookkeeping and then, if you wish, will perform the accounting aspects of the process.