Cloud Accounting

Real time financial Information

Management Information

Information to drive decision-making!  

Compliance

Annual audited financial statements made easy

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Forward-looking advice to help you grow your business.

cloud

Move your key business services to the cloud.    

tax

Move to online accounting for real time information.  

Welcome to Abstracus

Abstracus is the first Xero Certified Advisor in West Africa.  Abstracus is a firm of chartered accountants, but unlike many other firms, we focus on all the things that will help you to improve your business performance and help your business to grow.

Four reasons why we are different?

  1. We are focused on the future so we help you to see the future.
  2. We use The world’s EASIEST accounting system – Xero!
  3. By using online accounting software, we provide you with all the information you need to run your business as frequently as you need it.
  4. We charge a monthly fixed fee so you do not have to worry about any other fees.  Actually, in many cases you may not need a full time accountant:)

 

 

Basic

The basic package

 

This includes:

  •     Subscription to Xero – the online accounting software
  •     Free initial training for one user
  •     Online review and support
  •     Year end unaudited financial statements
  •     Half yearly management statements
Growth

The Growth Package

 

This includes:

  •     Subscription to Xero – the online accounting software
  •     Free initial training for up to two users
  •     Online review and support
  •     Quarterly management statements, including management reports
  •     Year end financial statements (2 months after balance date guaranteed!)
  •     Projections
Premium

The Premium Package

 

This includes:

  •     Subscription to Xero – the online accounting software
  •     Free initial training for users
  •     Online support with onsite visits as required
  •     Optional budget set-up
  •     Year end financial statements (1 months after balance date guaranteed!)
  •     Bi-monthly management statements, including management reports
  •     Projections
  •     Half yearly reviews with management team
  •     Virtual CFO support
Special

We can always put together a special package to meet your unique needs.

Setup

The world’s EASIEST accounting system!
Simple. Smart. Secure.
Xero is an easy to use yet powerful online accounting system designed specifically for small businesses and their advisors. It gives access to your financial information in real time.

If you have an Internet connection you can access Xero 24/7 from your PC, Mac or Windows mobile device. No need to buy or install software and Xero automatically updates for FREE.

 

EXTRA Xero Options

As a Xero Certified Advisor we can provide extra Xero options you won’t get by signing up directly with Xero. Switching to Xero is easy, we can do it all for you, plus we will provide you with training and any ongoing support you may require.

 

Accounting Firms

For auditing and accounting firms, we can work with your clients to move them over to Xero.  This will make it easier for them to maintain their financial information resulting in less time spent on audit work. Xero also allows the client to give you online access to the system so you can review any transaction that you need from anywhere.

Virtual Finance Director

A Virtual Finance Director provides you with years of sharp end financial and management experience, at a fraction of the cost of employing a full time person. Smaller businesses can not afford a full time Finance Director, and would not have sufficient work to keep him or her properly occupied and efficient. This where we come in!  We can provide you with a virtual finance director who will provide strategic financial management to your business.

Training

As a Xero Certified Advisor, we can provide training to help you migrate to Xero – the world’s easiest accounting software.

Business Planning

We can support your business planning and ensure that once you have agreed plans, you will be able to track performance on a real time basis using Xero.

IFRS

We provide implementation support for International Financial Reporting Standards (IFRS).  This support covers both IFRS and IFRS for SMEs.

 

IFRS for SMEs applies to :

Any entity that does not have public

accountability…

– securities not publicly traded

– not a financial institution

… and is required or chooses to produce General Purpose Financial Statements (GPFS)

Project Management

Project Management is a key part of any business growth proogramme and we provide support to help you manage your projects.

 

Due Diligence

There are times when you want to invest in another business as part of your growth strategy.  This may result in taking a higher risk than organic growth.  Our due diligence process will help you arrive at the right conclusions by analysing the target business to confirm the financial position, profitability and more importantly the future cash flows that will form the basis of the valuation.