Accounting

International accounting standards are applicable in Asia, but still vary greatly in practice. We provide local expertise on country-specific accounting issues to help you manage your investment.

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The rapid pace of global and Asian regulatory changes requires experience and expertise from accounting teams. With three decades of experience in the region, we understand the complexities involved in keeping our clients’ accounting practices compliant. We endeavor to ensure that our services help clients concentrate on their core business operations.

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Whether your Asia business is just starting up, on track, or facing tough choices, your outsourced accounting provider must deliver you sound fundamentals, and a simple, transparent, intelligent service that is cost-effective. Our services fit the needs and budgets of smaller firms to SMEs, delivered by bilingual professionals and world-class financial platforms and processes, so that our clients may rely upon the best that accounting has on offer in Asia.

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We help organization optimize their employees’ and internal expenses management with digital tools that speed up business administration, simplify remote submissions and approvals, and minimize expense and approval errors. These solutions leverage software which facilitates the digitization, application, and approval of expenses via a mobile and desktop APP, and make reimbursement and monthly accounting processes highly efficient, with greater transparency via real-time detailed reporting.

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Meanwhile, it is only a matter of time before traditional accounting functions are superseded by IT and software-driven processes, which will allow for seamless 24/7 accessibility and interaction. Dezan Shira & Associates is at the forefront of this innovation process, investing our resources to master various ERP and financial accounting software – both cloud and server-based. Our accounting staff work across a wide range of platforms. This flexibility showcases our capacity to add value to your business in line with best international practices.

  • Cloud- and server-based systems
  • Single- and Multi-country ERP solutions by MS Dynamics 365, SAP, Netsuite, Sage and others.
  • Accounting software such as Simpler XERO, IMSA, MYOB, QuickBooks, Peachtree, KingDee, Zoho and others.
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Treasury management is of paramount importance for your Asia investment. Given its importance, we act as an independent party to ensure our clients’ funds are deployed following management approval guidelines. Our dedicated account managers act as an independent bank account signatory to facilitate payments, remittances, and transfers.

  • Country selections for optimum tax and service support
  • Traditional and e-Banking Processing
  • Cryptocurrency Advisory
  • Bank Transaction Filing
  • Reimbursement Claims
  • Declaration Reporting for Foreign Currency
  • Bank and Petty Cash Reconciliation
  • Signatory and Approval Services
  • Custodian of Seals and Chops 
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An Interim or Virtual CFO is an on-the-ground resource, who works closely with your team to help achieve your financial objectives, on an interim or annual basis. Your ‘vCFO’ can provide a customized range of services, related to the guidance and oversight of financial budgeting, tax and cash flow management, and other areas to provide guidance to, complement or back up your in-house teams. Improve your organization’s guidance and gain peace of mind with a Virtual CFO.

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