Accounting Discovery

To operate efficiently, it is critical for every organization to identify and document the strengths and weaknesses of its accounting department before implementing expensive and time-consuming changes. At Asica Accounting, we perform a comprehensive assessment known as an Accounting Health Check to evaluate your current financial reporting, accounting systems, processes, and procedures.

Our goal is to identify vulnerabilities, inefficiencies, and opportunities for improvement. Following the assessment, we provide a detailed report outlining strategic recommendations designed to strengthen your accounting operations and improve overall financial performance. Our experts can also assist in implementing these recommendations to ensure measurable and sustainable outcomes.

We work closely with management teams to identify and prioritize business goals while building scalable accounting processes that support operational growth and success. Our team evaluates the costs, efficiencies, and long-term benefits of each recommended solution, helping organizations make informed financial decisions at every stage of growth.

Our Accounting Discovery Services Include:

• Current accounting system evaluation
• Review and establishment of monthly close processes and timelines
• Chart of accounts analysis and restructuring for industry-specific reporting
• Development and documentation of accounting policies and procedures
• Revenue recognition and payroll allocation analysis
• R&D accounting methodology review
• GAAP compliance analysis and confirmation
• Automation setup for bank, payroll, and credit card transactions
• Segment reporting implementation for service lines and sales geography
• Process optimization for improved operational efficiency

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