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Cases · Tax, finance & assurance · Accounting, payroll & statutory reporting

Run monthly accounting and reporting

Who can do our bookkeeping and monthly reporting in another country?

WONE Global arranges a local accounting professional who keeps statutory books and reports to the group in your format and timetable.

Countries in the typical case Sweden · India

The situation

What is happening

What is at stake

Local books that do not match group reporting cause late closes, audit adjustments and tax errors.

A scenario

Engineering companyMid-sized company · from Sweden · in India

Its Indian subsidiary reports late every month and in a format the group cannot consolidate.

Where it ends Local accounts that meet Indian law and the group's deadlines.

A representative scenario of the work WONE Global coordinates, not a specific client’s matter.

Also asked as “Do we need a local accountant for our subsidiary?”“Can local accounts be reported in our group format?”“We need monthly management reporting for overseas entities”“The company needs bookkeeping support in a new country”

The solution

How WONE Global handles it

WONE Global arranges a local accounting professional who keeps statutory books and reports to the group in your format and timetable.

Usually led by Accounting and annual filings, with Tax and structuring and Treasury and funding.

Step by step, in the scenario

  1. Day 1WONE Global maps local and group reporting requirements.
  2. Week 1A local accounting professional is engaged to the group timetable.
  3. Month 1Statutory books and group packs delivered together.
  4. ThenMonthly close on time, checked quarterly.

Timings are typical. They depend on the countries, the authorities involved and how quickly documents are available.

Decisions

The decisions involved

  1. 01Local books in local GAAP, group reporting in IFRS or US GAAP, or both
  2. 02Close timetable and who approves
  3. 03Systems and access between local and group finance

Outcomes

What you receive

  • Monthly management accounts on a fixed timetable
  • Reconciliations and a group reporting pack
  • A clear local-to-group mapping

This is a general guide. Your WONE Global professional confirms the work, timing and fees for your markets before anything starts.

Services

The services involved

One area of expertise usually leads; the others move with it. WONE Global keeps them connected across every country involved.

  1. Usually leadsAccounting and annual filings7 markets with a named lead→
  2. Often involvedTax and structuring17 markets with a named lead→
  3. Often involvedTreasury and funding1 market with a named lead→

Who handles it

Accounting and annual filings, market by market

The status of the lead service in the markets that matter for this case. A named WONE Global Partner acts under their own licence; where none is in place yet, WONE Global confirms availability before anything else.

  1. Indiain the typical case On request Availability confirmed before any work begins Bring a requirement →
  2. Swedenin the typical case On request Availability confirmed before any work begins Bring a requirement →
  3. Ecuador WONE Global Partner Pablo Andres Guerra · Country Managing Partner Brief this Partner →
  4. Italy WONE Global Partner Gianluigi Mollica · Senior Associate Brief this Partner →
  5. Mexico WONE Global Partner Marco Antonio Bernal Munguia · Audit and Business Advisory Partner Brief this Partner →
  6. Portugal WONE Global Partner Hugo Ribeiro · Owner Brief this Partner →
  7. Saudi Arabia WONE Global Partner Abdullah Yousef Alhussaini · Founding Partner Brief this Partner →
  8. United Arab Emirates WONE Global Partner Priju Dominic · CEO & Founding Partner Brief this Partner →
  9. Vietnam WONE Global Partner Tran Van Gioi · Lawyer Brief this Partner →
  10. Singapore On request Availability confirmed before any work begins Bring a requirement →
  11. United Kingdom On request Availability confirmed before any work begins Bring a requirement →
  12. United States On request Availability confirmed before any work begins Bring a requirement →

Other markets: WONE Global covers 100 countries. Name yours in the requirement →

Pablo Andres GuerraQuito · Ecuador

WONE Global Capability Partner · Ecuador

Pablo Andres Guerra

Country Managing Partner · G&G Auditores Independientes & Lex Fiscal Corp · Quito

Experienced Partner with a demonstrated history of working in the accounting industry. Skilled in International Tax, External Audit, Generally Accepted Accounting Principles (GAAP), Income Tax, and Tax. Strong entrepren…

Abdullah Yousef AlhussainiRiyadh · Saudi Arabia

WONE Global Capability Partner · Saudi Arabia

Abdullah Yousef Alhussaini

Founding Partner · Abdullah Yousef Alhussaini Chartered Accountant · Riyadh

Abdullah Yousef Al-Hussaini (License No. 992) is a seasoned accounting and auditing professional with a career spanning leading roles at Ernst & Young (EY) and one of Saudi Arabia’s largest insurance companies, includin…

Priju DominicDubai · United Arab Emirates

WONE Global Capability Partner · United Arab Emirates

Priju Dominic

CEO & Founding Partner · Dominic & Partners Chartered Accountants LLC · Dubai

Armed with two decades of rich experience spanning across diverse industries and verticals, I have garnered the trust and admiration of many valued relationships. Audit & Assurance, Consulting, Risk Advisory and Tax pra…

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