With a lighthouse built on the island in 1864, Ile au Phare was among the first islands to be discovered in 1598 by the Dutch settlers.
The islet was instrumental to the capture of the Ile de France by the British in 1810 and serves as an inspiration for DTOS in guiding its clients and being a trusted lightener through turbulent times.
Financial and Accounting outsourcing encompasses the bookkeeping and financial reporting obligations of our clients.
Our team of accountants are fully capable of owning the following processes on behalf of our clients:
Maintaining the books of accounting records, preparing weekly/monthly Financial Dashboards, Annual Financial Statements (AFS) as well as Budgets and Financial Forecasts
Preparing Monthly Management Accounts and Variance Analyses against Financial Forecasts
Setting-up and implementing Cloud Accounting and SaaS solutions
Setting up, update and management of Fixed Assets Registers (FAR)
Maintaining the Accounts Receivable (AR) and Accounts Payable (AP) modules and reconciling with the General Ledger (GL)
The above activities are entrusted to a dedicated subsidiary of the DTOS group, namely DTOS Outsourcing Ltd, which holds the trusted and highly respected GSS – Global Sourcing Standard issued by the Global Sourcing Association of the UK.
Client Risk Assessment
• Digitalised Client Screening, profiling and enhanced due diligence
FATCA/CRS Reporting
Assistance to comply with US Foreign Account Tax Compliance Act (FATCA) & OECD Common Reporting Standards (CRS):
• Apply the prescribed due diligence rules and completing the ‘Self-Certification’ exercise;
• Design and implement internal processes and procedures to ensure compliance under FATCA/CRS;
• Assist in compiling, assessing, validating and reporting the reportable information under FATCA/CRS to the competent authorities in XML format.
Independent compliance audit
• Run an independent onsite AML / CFT audit
• Run a Consultancy and Project Development programme