From the business administration point of view, the main challenge on the Russian market is to free up management time for strategic and operative management and put the business administration functions in the hands of professional experts. Accounting is one of the prime areas of business administration to be outsourced. Frankly, up-to-date it has not been an easy task to find a reliable outsourcing partner on the Russian and Ukrainian markets. Most accounting firms have not understood that their challenge lies more so with financial administration rather than with the accounting itself. Awara Accounting fills this gap on the market by offering value-added financial administration services combined with accounting services with a consulting edge. This way we, in reality, take care of the client's financial administration and reporting needs, resolve problems, clear hurdles and break the barriers which lie between a good business strategy and profit.
In Awara the client does not hire just a bookkeeper but a financial administration team that delivers results. And while the cost of our service is more valuable than that of a bookkeeper, the same can be said of the results. Our service is not intended as a direct cost-saving effort but as a value-added input into the operations. With our service the client significantly cuts the implementation time of projects and greatly propels growth, for with us the client receives practically unlimited resources.
While quick in delivery we are sharp in risk-management. Our team has gained all the necessary experience through 20 years of Russian transition to the market economy. While professionally managing risks, we deliver the best economic savings in financial and taxation choices, for we have the skills, experience and expertise to recommend the best solutions in any given situation.
We have grown with quality and we help the client to do the same.
Awara Group is among the largest Russian business administration firms in its fields. Our expertise is unique compared with the others, inasmuch as we are the only one that combine accounting, taxation and law expertise on highest level in one firm. The competition may be able to provide lawyers and accountants separately, but no one else can offer the combination. We also provide an additional competitive edge in human resources services and recruitment.
On the Russian market, where the regulatory environment is still in the early stages of its evolution and the business practices are young, there cannot be any talk about effective provision of financial administration services if the service provider does not offer the complex combination of skills and experience in all these core areas of expertise. In Russia an accounting firm lacking strong expertise in business administration, taxation and law will not qualify as a value-added producer of accounting services. It can rather only serve as a bookkeeper recording the events post fact, leaving the client to look for other sources to help him steer his business on the demanding Russian market.
At the end of the day the decisive aspect of doing business is communication. In Russia, where so much in society has fundamentally changed, communication gets highlighted like nowhere else. Communication in the field of accounting and financial administration is more challenging in Russia than in most parts of the world for a number of reasons: a difficult regulatory environment; heavy bureaucratic traditions; the fact that tax authorities and courts are themselves only learning and practicing the rules,; language skills; the challenge to communicate between different business cultures; different accounting systems; different reporting sets; etc. These challenges, combined with a deficit of experienced and professional accountants, mean that accounting in Russia consists of much more than just recording transactions and reporting – the service that a traditional bookkeeper would restrict itself to.
An important link in the proper service and thus proper communication is assigning to each client a key account manager with the purpose of ensuring that all of the clients' vital interests get proper attention and concentrated service. Awara is the first in its field to carry customer service - and hence quality - this far in Russian accounting services.
Our expertise is unique compared with the others, because we are the only one that combines accounting, taxation and law expertise on highest level in one firm. The competition may be able to provide lawyers and accountants separately, but no one else can offer the combination. Our tax consulting and business administration consulting are also unparalleled.
On the Russian market, where the regulatory environment is still in the early stages of its evolution and the business practices are young, there cannot be any talk about effective provision of financial administration services if the service provider does not offer the complex combination of skills and experience in all these core areas of expertise.
We guarantee the confidentiality of our client data through strict control over our IT infrastructure, as well as our physical and personal access rights.
Awara Group is an experienced outsourcing provider offering legal services, audit and internal control, financial administration, HR and IT services.
Awara Accounting is dedicated to providing high quality financial administration services based on its extensive experience and knowledge acquired in the service of international companies.
Awara Accounting is a reliable business partner open to dialogue in order to find the best possible solutions to meet clients' needs. We do our utmost for our clients to feel secure by focusing on and supporting their core business.