ACCOUNTING (GENERAL LEDGER) & TAX SERVICES

ACCOUNTING (GENERAL LEDGER) & TAX SERVICES

HELPING BUSINESSES SUCCEED AND THRIVE

  • We aim to support our clients in achieving their administrative and operating objectives, by combining appropriate expertise and professional standards in providing services that meet world-class standards of quality and excellence.
  • We are The premier international firm of local origins, committed to excellence and guided by integrity in all aspects of our business
  • This is why We serve Our clients with diligence, support the local development of the accountancy profession and give those who work for Us meaningful opportunities to meet their own aspirations.

Risk of Losing Business

Beyond complying with the law, business entities failing to keep accurate record and documentation on business transactions, may lose revenue, income that is not record, unknowingly incur expenses and is more than very likely, operating very inefficiently. As the owner/leader you cannot successfully manage a business without proper accounting systems to track income coming in, or going out, payments on loans, operating and administrative costs and operational changes. Running your business/activity successfully requires the ability to perform financial analyses – that is, accurately measuring business growth, profitability, changes in operations and cash flows, as well as to reasonably estimate your business/interest’s financial condition (and ability to continue to exist).

To make smart business decisions, business owner/leaders need to have appropriate accounting systems in place providing true pictures of their businesses’ performance. Only then, can Management effectively answer the various questions they are sure to pose.

Good accounting information systems help management answer such questions as:

  • What assets do we have??
    • How much did we spend
    • Where did our money come from and how much from various sources?
    • Did we make a profit last year?
    • Can we buy that computer server or should we lease it?
    • Are any of the goods we have selling at a loss?
    • What were cash inflows and outflows?
    • Can we safely increase our dividends to stockholders?
  • How much do we owe?
    •  And What did we spend it on?
    • Were the sales higher this year or last year?
    • How much excess-idle cash do we have available?
    • What is the cost of leasing?
    • Is the rate of return on net assets increasing?
    • Is the cash flow enough to pay back debt?
    • Will the bank accept my financial statements?

A Key to success, business activity demands a reliable, disciplined accounting work force. The cost of hiring, managing and supporting appropriate accounting staff is a clear and necessary cost of doing business. The LAW requires businesses to maintain accounting systems and appropriate business management processes and systems, requiring appropriate staffing to manage those systems. McJames offers you cost savings solutions here.

When encountering the Revenue Authorities or regulatory authorities, there can be all kinds of decisions business owners will have to make in areas where prior experience may be lacking. It can all be very confusing, especially when faced with mounting penalties and fines. Fortunately, McJames & Francis is here to help you through these confusing times by doing things for you that you wouldn’t be able to accomplish on your own.

When you work with a staff of our Firm, you will have access to both our accounting staff, as well as benefit from highly level expert advisory services.  Additionally, your financial issues, tax filings, statistical analyses will all be handled by Partners, in addition to trained and capable staff that is competent and dedicated to ensuring your financial interests are protected and that your financial reporting is accurate, timely and complete.  We are the financially reasonable alternative, ensuring that you are compliant and that your commercial interests are maintained.

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About Us

As a congregate of experienced professionals, McJames & Francis offers dynamic
and versatile management solutions in Finance, Management, Accounting and Tax.