Bermuda Accounting and Bookkeeping Solutions You Can Trust
Abacus provides you with professional, attentive accounting and bookkeeping services. Let us help when you don’t have the staff, time, or knowledge to do it all yourself. Whether you need a limited engagement like QuickBooks training or ongoing bookkeeping and payroll services, we can help you. Our clients include a variety of businesses, industries, and nonprofits.
No matter your business or organization, accounting and bookkeeping play a vital role – everything from raising sales invoices (sales ledger), recording purchase invoices (purchase ledger), or the reconciliation of payments and receipts from your bank account.
Our accountants and professionals have many years of experience. You can depend on our knowledge and attention to detail to provide you with accurate, timely, and relevant financial information. We offer our clients assistance in the following areas:
- Initial company setup
- Invoicing and accounts receivable collection
- Bill payments
- Bank reconciliations
- Payroll processing
- Financial Statement preparation
- Pre-audit preparation and liaising with auditors
Whether you require a few bills paid monthly or need full-time accounting support, we offer the flexibility to accommodate your needs either on-site or remotely. Let our personal accounting and bookkeeping services save you time, money, and unnecessary frustration.
Controller Services in Bermuda
Many companies do not require or have the budget for a full-time Controller, but still need this level of expertise. Abacus has accountants on staff with strong backgrounds serving in the Controller role including:
- Cash flow projections
- Development and maintenance of internal control systems
- Reporting to senior management
- Liaising with service providers including government agencies and financial institutions
- Preparation of financial statements
- Management of accounting staff
- Preparation/participation in audit
Our Controller Services provide you with access to knowledgeable CPA-level expertise when your business demands it. Let our professional and experienced team of financial experts perform your company’s Controller level functions when they are required. Our scalable business model allows you to leverage Accounting Controller and Financial Controller services when needed during key periods and then, at your discretion, scale back this service during non-peak periods.
Frequently Asked Questions
My ledgers feel like a mess. Can you help me make sense of past ledgers on top of helping me correct these processes moving forward?
As part of our process, we perform an assessment of your current financial information and system. From this assessment, we provide a report on what we identified. This report will include any errors or incomplete records and recommendations on how these can be resolved and avoided in the future to give accurate financial reports.
What is the role of a Controller?
Controllers are responsible for the day-to-day accounting and financial management of a business. They are also responsible for ensuring a business’ financial stability.
I’m being audited. Are you able to help me even if I haven’t previously worked with Abacus?
We can clean up your current accounting to audit standard and provide you with a complete set of working papers and draft financial statements for the audit.
What are some of the benefits to outsourcing my accounting work?
Some of the benefits of outsourcing are:
- We will free up your internal team to focus more on growth and revenue generating matters
- You have access to our accounting expertise
- Our arrangements can be a more affordable option for your current structure
Get in Touch
At Abacus, we want to help your business grow. We would love to learn more about your business to see if our services fit your needs for accounting and bookkeeping.