Financial Reporting

Gain real time visibility in to your business
Get in touch

What is Financial Reporting and Analysis and why companies outsource?

Financial reporting and analysis involve the preparation, examination, and interpretation of financial statements and other financial reports to gain insights into the financial performance and health of a company. Nikko offers financial reporting and analysis services to businesses to help them better understand their financial performance and identify areas for improvement. Our team of accounting experts analyzes financial data and presents it in a clear and concise manner to help business owners make informed decisions. companies can save time and resources while benefiting from our expertise and up-to-date knowledge of accounting standards and regulations.

What services you can outsource under financial accounting and reporting services?

Nikko provides you with complete financial accounting and reporting suite, allowing you to build your business without worries.

Monthly / Quarterly Financial Analysis and Feedback

It’s crucial aspect of running a successful business. By analyzing financial reports on a regular basis, you can take corrective measures to improve your financial health. Nikko offers personalized financial analysis services to help companies make sense of their financial data and provide feedback to improve performance. Our team of experts can provide meaningful insights into revenue growth, expense management, and other key performance indicators. We work closely with our clients to identify areas of improvement and provide actionable recommendations to help them achieve their financial goals.

Working Capital Control

At Nikko, we understand that efficient working capital management is vital to the success of any business. That’s why we offer working capital control services that help our clients optimize their cash flow and improve their liquidity. Our team of experienced financial professionals works closely with each client to identify areas where working capital can be improved, and then develops a tailored plan to enhance their working capital position.

Accounts Payable Aging Analysis

A daily, weekly, monthly, or quarterly accounts payable ageing report will be created and communicated with the client in accordance with the conditions of the contract. The team at Nikko keeps the client informed of past-due invoices.

Department or Location Costing & Analysis

At Nikko, we help businesses determine the costs and comparison of different departments or locations and identify areas for improvement. By analyzing the costs of various departments or locations, we can help companies make informed decisions about resource allocation, pricing strategies, and profitability. Our team of experienced accountants can provide customized reports and insights that are tailored to the unique needs of your business.

Sales Audit & Reconciliation

Sales audit and reconciliation is a crucial process that ensures the accuracy and reliability of sales transactions, helping companies avoid costly errors and financial discrepancies. At Nikko, we understand the importance of this process and provide factual data of reconciliation, which gives you a clear idea of sales made by POS systems or any third-party sales along with payments collected and remaining amounts. By outsourcing this process to Nikko, you can be assured of accurate sales data and timely reporting.

Profit Improvement Analysis and Monitoring

The Nikko team does different cost analyses and makes recommendations for how to cut costs or regulate them so that the company may make more money.

Budgeting & Variance Analysis

The staff at Nikko keeps track of each expected budget and creates a thorough comparison between projected and actual spending. A variance analysis report is created based on the comparison and serves as a guide for future budgeting.

Key Performance Indicators Reporting

At Nikko, we believe that tracking Key Performance Indicators (KPIs) is crucial to the success of any business. KPIs help to measure progress towards achieving specific goals and objectives, and enable businesses to identify areas for improvement. Our team of experienced accountants can help you identify and track the most relevant KPIs for your business, and provide regular reports. We ensure that you have accurate, up-to-date information to help you make strategic decisions.

Cash Forecasting

It is indeed an essential aspect of financial planning for any business. It involves predicting and estimating the cash inflows and outflows of a company over a particular period, usually monthly or quarterly. Nikko’s accounting professionals create a thorough cash flow prediction based on historical business patterns which gives you clear picture about cash inflow and outflow.

Accounts Receivable Aging Analysis

Managing accounts receivable is essential for a business to maintain healthy cash flow. Aged receivables can cause cash shortages, hamper growth, and negatively affect the financial health of a business. Nikko provides accounts receivable aging analysis that enables businesses to keep track of unpaid invoices, identify overdue accounts, and monitor payment trends. Nikko can help you increase collections, reduce bad debt write-offs, and improve their cash flow position.

Get in touch

Need Help with your Business

Thank you for your message. It has been sent.
There was an error trying to send your message. Please try again later.