Reliable Bookkeeping and Accounting Services
Accurate Financial Records for Compliance and Growth
At Frontiers Consulting (BD) Ltd. (FCBL), we provide expert bookkeeping and accounting services that help businesses in Bangladesh maintain accurate financial records, comply with regulations, and make informed business decisions. Our experienced professionals ensure that your financial data is organized, accurate, and in compliance with local accounting standards and tax laws, allowing you to focus on your core business operations.
Accounting Services
- We prepare financial statements such as income statements, balance sheets, and cash flow statements in accordance with Bangladesh Accounting Standards (BAS) and International Financial Reporting Standards (IFRS).
- Our experts ensure that your accounting records are aligned with tax regulations in Bangladesh, helping you prepare accurate VAT returns, income tax returns, and tax filings.
- We assist businesses in tracking and controlling production and operational costs, ensuring that cost-effective strategies are in place to maximize profitability.
- Our team helps you create detailed financial budgets and forecasts, enabling you to plan for the future and manage cash flow effectively.
Payroll and Tax Accounting Services
- We ensure accurate tax computation for employees, taking into account exemptions, deductions, and applicable tax rates under Bangladesh’s income tax laws.
- We prepare and file tax returns on behalf of businesses, ensuring compliance with income tax, VAT, and other applicable tax obligations in Bangladesh.
- We assist with tax planning strategies to optimize your tax liability while complying with the law, helping businesses minimize their tax burdens.
Compliance with Regulatory Standards
- We ensure your financial statements comply with BAS and International Financial Reporting Standards (IFRS).
- We assist in ensuring that your financial records and tax filings align with the regulations set forth by Bangladesh's NBR, helping to avoid penalties and audits.
- We assist businesses in preparing for statutory audits and tax audits, ensuring that your financial records are in order and compliant with local regulations.
Software and Tools Implementation
- We help businesses select and implement accounting software solutions that are best suited for their operations. This ensures that your bookkeeping and accounting tasks are streamlined, accurate, and efficient.
- We offer training on how to use accounting software effectively, empowering your team to manage day-to-day financial processes independently.
What is Bookkeeping and Accounting?
Bookkeeping is the process of recording daily financial transactions, ensuring that every monetary movement is accurately documented. It is the foundation of accounting, which involves summarizing, analyzing, and reporting financial data for decision-making purposes. Accounting is the broader process that includes interpreting, classifying, analyzing, reporting, and summarizing financial information. It involves preparing financial statements, ensuring compliance with tax regulations, and providing strategic financial advice.
Our Bookkeeping and Accounting Services
Bookkeeping Services
- We maintain accurate and up-to-date records of all financial transactions, including sales, purchases, expenses, and other monetary activities. Our expert team uses Xero and QuickBooks to maintain web-based records, allowing you to access your information from anywhere.
- Ensuring that the company adheres to local laws, tax regulations, and industry-specific requirements in Bangladesh, including those set forth by the National Board of Revenue (NBR) and the Bangladesh Securities and Exchange Commission (BSEC).
- We manage the general ledger to ensure that all transactions are posted to the correct accounts and categorized accurately.
- Our team performs regular bank reconciliations to ensure that your company’s cash records match the bank statements and resolve any discrepancies.
- We handle the tracking of outstanding payments from clients and payments due to vendors, ensuring timely settlement and efficient cash flow management.
- We assist businesses in managing payroll by accurately calculating employee salaries, deductions, bonuses, and generating payslips.
Business Advisory Services
- We offer expert advice on managing finances, optimizing tax strategies, and improving profitability. Our team can guide you through business expansion, restructuring, or other financial strategies.
- We work closely with businesses to analyze profitability and suggest cost-cutting measures, improving overall efficiency and reducing unnecessary expenditures.
- We provide businesses with a thorough review of their financial health, identifying strengths, weaknesses, and areas for improvement.
Why Are Bookkeeping and Accounting Services Important for Your Business?
- Bookkeeping ensures that all transactions are recorded accurately, providing the foundation for financial decision-making and reporting.
- Proper accounting ensures compliance with Bangladesh’s tax laws, reducing the risk of penalties or tax issues.
- Accurate financial statements and reports allow business owners to make informed decisions based on real-time financial data.
- Organized accounting practices promote transparency in financial reporting, helping business owners, stakeholders, and regulators understand the financial health of the business.
- Outsourcing bookkeeping and accounting tasks to professionals allows businesses to focus on core operations, saving time and reducing the cost of managing an in-house accounting team.
- Proper bookkeeping and accounting ensure that your business is ready for audits, whether it’s a tax audit or an external audit by investors or regulatory bodies.
Why Choose FCBL for Bookkeeping and Accounting Services?
- Our team of qualified accountants and bookkeepers has extensive experience working with businesses in Bangladesh, ensuring that your financial records are accurate and compliant with local regulations.
- We understand that each business has unique needs. We offer customized bookkeeping and accounting solutions that align with your business’s size, industry, and goals.
- Outsourcing your bookkeeping and accounting functions to us can save you time and money, allowing you to allocate resources to other critical areas of your business.
- We stay up-to-date with the latest tax laws, accounting standards, and regulations in Bangladesh, ensuring that your business is always compliant.
- We treat your financial information with the utmost confidentiality, ensuring the security of your business’s sensitive data.
Streamlined Bookkeeping and Accounting for Business Growth
At FCBL, we offer comprehensive bookkeeping and accounting services that are designed to help businesses in Bangladesh maintain accurate financial records, ensure tax compliance, and make informed financial decisions. Whether you’re a startup or an established business, our team of experts will work with you to streamline your accounting processes, optimize your financial performance, and minimize risks.
With our expertise and personalized approach, we can help your business streamline processes, optimize costs, and safeguard against risks, ensuring your financial integrity and long-term success.
Frontiers Consulting empowers businesses with expert solutions for local and international growth. From tax and compliance to bookkeeping and global expansion, we simplify your journey to success with tailored support and trusted expertise.
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Contact
- United Kingdom : Suite-1, Unit 13 Bourne Court Southend Road, Woodford Green, IG88HD Essex, United Kingdom
- Sun-Thu: 10.00 AM ― 6 PM
- © All Copyright 2025 by Frontiers Consulting (Bd) Ltd.