Our Services

• External Audit – Statutory Audit of Limited Liability Companies, Sole Traders, Partnerships, Charities, Friendly Societies, and other unincorporated bodies.
• Internal Audit, Forensic and Investigation -Investigation of Internal Control procedures and other irregularities and Installation of appropriate systems.
• Development and installation of Internal Audit Procedure, Programs and Manuals.
• Preparation of Periodic Management Accounts.
• Advice on Computing – Office Automation (Selection & Installation) – Negotiation with Hardware and Software Suppliers including advice on contract terms.
• Project Audit – e.g., Audit of Projects funded by International Donors or Local Agencies
• Group Audit
• Special purpose Audit
• Preparation of Statutory Accounts

Many small businesses, start-ups, and entrepreneurs find it challenging or costive to hire an internal accountant or interested in focusing on core business functions as a result not much attention is given to the accounting and bookkeeping aspect of the business.

Due to this fact, a Company might consider outsourcing their accounting services to us that is with the right knowledge and qualifications. Also, we can do the same job more qualitatively and cost-effectively

With the use of online cloud accounting software, we provide our clients with following outsourced accounting services;

• Set-up and Computerization of the Accounting Systems: we digitized the business’ accounting systems with online cloud accounting software
• Bookkeeping Services: with the help of cloud accounting software, we will record the day-to-day financial transactions of the business to produce monthly reports such as Profit or loss, financial position, cashflow Statements, etc. for decision making.
• Debtors and Creditors Reconciliation
• Bank Reconciliation
• Payroll Services: Preparation of monthly payroll of a business and filing of Social Security Fund contributions at SSNIT and Licensed Pension fund Manager and income tax filing at GRA whilst taken into consideration cost minimization of the Business.
• Tax Services: Preparation and filing of monthly tax returns such as Withholding tax, PAYE, VAT etc. at Ghana Revenue Authority and advise on legal ways of tax savings to the business.
• Preparation of reports for management decisions such as cashflow projections, management accounts, budgets.
• Preparation of Financial Statements in accordance with IFRS
• Performance Analysis of Financial Statements: Reviewing, and analyzing of financial statements to produce reports on permeance of a Business.

Benefits of Outsourcing your Accounting Services to AA Adams Chartered Accountants

• Saves Cost: Saves cost such as SSNIT, PAYE, Provident fund etc. that will be incurred on hiring full time internal accountant.
• Saves time and cost of going through recruitment process to hire a fulltime accountant
• Saves business’ time to focus on growth and core business functions
• You will get a quality service from a team of professional qualified accountants with needed skills and many years of experience in practice.
• Benefits from Automation technology to save time on financial transaction processes
• An Accountant is your Advisor: A good accountant will always provide advice on how to make accounting more efficient. Sometimes he might work with a couple of companies and propose an excellent experience from another client. Whether it is about taxation, accounting software or even providing financial advice.

Our tax department is in charge of provision of tax advisory to our businesses to enjoy tax savings while ensuring compliance;

• Corporate Tax Planning.
• Specialized Tax Planning (Real Estate, Petroleum, Mining, Overseas/Offshore Tax Strategies (in concert with affiliates and correspondents worldwide).
• Advise on Value Added Tax (VAT) Implementation Strategies, Tax Refund applications and Customs and Excise procedures.
• Negotiations with Internal Revenue Service Computation and agreement of assessed Tax Liabilities.
• Tax Clearance Certificates for Companies and Individuals.
• Registrations with Ghana Revenue Authority (GRA) and VAT Service and Filing of appropriate periodic Returns.
• Representing and negotiating with the tax authorities on behalf of our clients during engagements such as tax audit etc.
• Company tax reliefs, incentives and exemptions processing, utilization and renewal of approvals;
• Company tax health checks and audits;
• Advising and filing of monthly tax returns for Clients (VAT, WHT, PAYE);
• Advising and filing of Individuals/ Expatriates/ Directors tax returns;
• Filing of Company annual corporate income tax returns;
• Advising and filing of transfer pricing returns;
• Obtaining of tax clearance certificates for clients.

Businesses may hire an external Accounting firm to handle all their payroll functions in order to save time and money, stay focus with the core business functions and also to comply with strict tax laws to reduce tax liabilities.

Our payroll department handles the following payroll functions for businesses;

• Calculation and preparation of monthly payrolls for businesses
• Filing of monthly payroll related statutory returns such as SSNIT, PAYE etc.
• Making statutory and salary payments on behalf of clients
• Acting on clients’ behalf in dealing with the tax authorities and pension fund managers on payroll issues
• Advising clients of laws and regulations that affect payroll processing, and how best to save tax payments while ensuring compliance

Benefits of Outsourcing Payroll Services to AA Adams

• Confidentiality
• Cost savings
• Up-to-date Compliance
• Professional advisory

We advise and assist with the registration of Companies with the Registrar Generals Department, especially Companies with foreign ownerships and registering with the regulatory bodies to obtain any relevant licenses and permits to ensure compliance. Our services include;

• Company Registration with Registrar General’s Department, Income Tax Department Customs, Excise & Preventive Service, Labour Department, etc.
• Obtaining necessary clearance i.e., Certificates, Licenses and Permits to commence business from Registrar General’s Department, Appropriate Ministry/Government Departments in the case of new companies e.g., Ghana Investment Promotion Centre, etc.
• Filing Statutory Returns, Resolutions etc.
• Advice as to form of Business organisation – whether Sole Trader, Partnership or Limited Liability Company
• Registration and renewal of GIPC Permits, filing of monthly and annual reports;
• Registration and renewal of Petroleum Commission Permits;
• Registration and renewal of Minerals Commission Permits;
• Registrations, payments and filing of Pensions returns (SSNIT, Tier 2) and obtaining SSNIT clearance certificates;
• All other permits and exemptions as allowed by law.
• Work and Residence Permits
• Extension of visitors permits;
• Emergency entry permits;
• Re-entry visas;
• Filing of annual returns at Ghana Immigration Service.
• Attending board meeting, taking minutes, filing resolution
• Filing relevant documents at Registrar General including such as amendments, share transfer, Company annual returns and renewal etc.

• Business Proposal & Business Plan Writing
• Sponsorship Proposal Writing
• Text Editing, Restructuring & Proofreading
• Contract Document Preparation
• Business Executive Profile Preparation
• Training Materials Preparation
• Designing & Enrolling Soft Skills Training Programmes
• Training/Learning Needs Analysis
• Soft Skills Training Evaluation
• Tributes & (Auto)Biographies