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Our Services

iBOS services are designed to ensure either there is no additional cost or only a trivial cost to the business but an economical, efficient and quality alternative that will help entrepreneurs to go beyond their capacity, resources and skills to expand their business and operations.

 

Support Office Solutions (SOS)

for Audit and Accountancy Firms
We at The iBOS have put together a wider resource pool ranging from university graduates to experienced experts in the fields of auditing, accounting, financial reporting (IFRS, SOCPA, UK GAAP), actuarial services, internal audit, risk management and other advisory and consultancies. The idea is to support small and medium accountancy firms in setting up their back-offices or shared support centers with us such that they could expand their resources and skills at no additional cost and ultimately growing up their businesses and expanding themselves beyond existing boundaries.

We can be helpful in setting up permanent support office or just project or task-based support either remotely or by sending our resources on secondments to work on site.

Plug-in our SOS team with your firm and have access to a wide spectrum of resources. We understand you and the challenges a small and medium firm has to face in terms of retaining skilled resources, maintaining quality standards and managing low recovery jobs. But don’t worry! iBOS team is around to help you out.

We can work either as part of your team, or as auditor’s expert / specialist on your audit engagements to fulfill the resourcing or skills gap. Alternatively we can do various tasks for you while being an administrative back office unit of your office or project team to bring efficiencies and fulfilling resourcing gaps.

  • Preparation of financial statements
  • Disclosure checklists
  • Analytical procedures
  • Test of details
  • Test of controls
  • Lead schedules
  • Letters and confirmations
  • Journal completeness
  • Extracts from reports & contracts
  • Rollover of prior year work papers and files
  • Casting checks on financial statements
  • Preparing ISA compliant templates
  • Drafting reports, group instructions and letters
  • internal auditing
  • risk advisory
  • proposal writing
  • ITGC review and testing
  • system and compliance audits
  • transition to IFRS or IFRS for SME
  • Implementation of IFRS 15, IFRS 16 and IFRS 17
  • actuarial services

Advisory services

Actuarial services

Disclosure Checklists

preparing financial statements

rollover prior year work papers

test of details & test of controls

V-Office Solutions (VOS)

Without making any investment, you can have your centralized shared service center or a branch or a back office support center in Pakistan. Highly skilled work force at affordable cost makes Pakistan the best place to setting up your shared service center, back office support center, customer service center and data processing units.

Our V-Office Solution is in particularly designed for small and medium sized businesses whereby a shared service center or back office support function is set up without any investment by using our premises, technology and resources. We will take care of administration and management of your staff in Pakistan. Use our technology and have real time presence and monitoring. We can also find the right people for you. In addition we can arrange accounting, finance and auditing people per your requirements on flexible terms to suit your needs and business model.

Re-imagine the Future

Be Global and Transnational

Benefits From Technology

No Cost Cutting But Cost Saving

Business Process Outsourcing (BPO)

You’re an entrepreneur with a great idea and the vision to realise it. We’re here to help you do just that. We want you to focus on building your business whilst we provide background support. Your success and growth is what we exist for. We can help you on

  • Accounting & Book keeping
  • Payroll
  • VAT
  • Accounts productions
  • Bank reconciliations
  • Data entry processing
  • Medical transcriptions
  • Insurance – claim file management

maximize profits

save time & cost

focus on operations and business growth

invest time & money in core operations

Auditing, Accounting and Reporting Solutions (AARS)

If you are a small audit and accounting practice firm, we can assist you achieving your quality objectives without incurring any significant cost. If your business is transiting to IFRS or has come across with a complex accounting transaction, our AASR team is there to sort those out without any haste and significant cost. Our AARS team comprise of qualified professionals with years of experience in Middle East, Pakistan and UK practices.

  • ISA compliant templates
  • Support on audit quality checks and compliance
  • Transition to IFRSs
  • IFRS 9 for banks
  • Capacity building
  • Business planning
  • Workflow mapping
  • Standard operating procedures (SOPs)
  • Policies and procedural manuals
  • internal auditing
  • risk advisory
  • proposal writing
  • ITGC review and testing
  • system and compliance audits
  • transition to IFRS or IFRS for SME
  • Implementation of IFRS 15, IFRS 16 and IFRS 17
  • actuarial services

IFRS

Audit quality

Advisory services

Manuals

SOCPA, UK GAAP

Actuarial services

 

Four steps to plug-in our services

  • 01

    Engage

    Agree terms

    Pricing model

    Statutory documentation

    Team & Task allocation

  • 02

    Set up

    Set up for secured data transfer

    Allocation of space, tools and IDs

    Templates and formats

    Trainings

  • 03

    Test

    Test data transfer & tools

    Review & agree upon formats

    Initial feedback

  • 04

    Execute

    Final delivery

    Regular reporting

    Feedback