Recently, business in Myanmar has increased gradually but a number of accountants are limited to be employed in any business sectors .The reason is that most qualified accountants are working in oversea countries or in large local companies with high remuneration packages. That is why, SMEs are facing with difficulty to prepare reliable financial statements. This problem can be solved by outsourcing which is called as compilation service.
The services included in compilation service
Thus, many of them work abroad in order to have much employment salaries and benefits. Further, if a business firm employed at least 2 or 3 accountants then, it would be more expensive to pay their remuneration than outsourced service. Hence, to solve this situation as an audit company,we will set or conduct a service to prepare yearly financial statements efficiently and effectively based on the following:
- Statement of Profit or Loss and Other Comprehensive Income
- Statement of Financial Position
- Statement of Cash Flows
- Statement of Changes in Equity
The organisations that Excellent Choice Professional Company Limited provided Compilation Service are mentioned in client lists as separate pages.