Book-Keeping
Environment Acquaintance:
Wasla F&A Project Manager meets with you to know more about
the industry,
rules, regulations, and even sometimes competitors, and get
more information
about the company in terms of processes and systems; which
helps the team
in your company and Wasla F&A positions the service in its
right place.
Identification of scope
Where the assigned team will identify the area in which they will
be operating
and obtain sufficient information about that area. Scoping of the
provided
service is very important to remove all potential ambiguities that
might surround
the service during conducting the service or delivering results.
Collection of necessary documentation
Relevant invoices, bank documents, and statements that are within
the
intended scope are gathered.
Operation
Entry Recording Posting (assistant ledgers and general ledger)
Assurance
Unlike the typical assurance way that used to be adopted in most of
financial
firms, sample of entries/ analysis are subject to quality checks to
ensure high
quality not only on the balance level but also on the record level.
Revision and
re-performance procedures are done to make sure all information is
presented
accurately by a company internal auditor or an external auditor.
