Accounting and Audit

Service

SFAI Barrett and Partners Vanuatu provide audit services, implementation and training for Xero and MYOB, and other invaluable accounting services such as business valuations, insolvency and business recovery. For more information take a look below.

Audit

The firm, as a consequence of its origins, applies the concepts adopted by the larger international accounting firms. This ensures that:

  • Proper planning, management and review procedures are observed
  • An appropriate analysis of risk areas are made and a thorough understanding of the client’s business is obtained
  • Rigorous analytical review and management evaluation are performed
  • Constructive reporting to management is provided.
  • Our auditing methodology and application is tailored to the industry and to the size of the client to ensure that we provide an efficient and effective service.

Accounting

Our firm has a team experienced in all facets of accounting from simple cash book maintenance to advance management reporting. We can assist with:

  • Data processing on monthly or quarterly basis
  • Preparation of monthly management reports
  • Review of monthly accounts to ensure things are on track throughout the year, avoiding any surprises at year end
  • VAT returns – preparation and lodgement or simply review and consult with you. We can also provide support during VAT audits
  • Implementation of accounting processes to improve internal operations
  • Training of staff on data input, bank reconciliations, payroll, etc.

Implentation of and training for Xero and MYOB

We are easily able to handle the implementation of most popular accounting and recording systems available for business today. MYOB is recognised as the market leader and is multi-award winning in Australia. The firm can provide installation, training, and on-going support for MYOB in Vanuatu with our certified MYOB staff member. Similarly, the firm now has experience with installing, training, and providing on-going support for Xero, a cloud-based accounting software developed for small and medium-sized businesses. It is currently used in over 180 countries, and is only becoming more popular.

xero and myob logos

We help with

Insolvency and Business Recovery

The firm has been a principal provider of insolvency services, by way of receiverships and liquidations. However, we like to actively promote alternative measures to allow for business recovery or the effective marketing of assets and to avoid, where possible, forced sales.

Business Valuation

We offer a full range of Business Valuation services subject to your needs.

business outside