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 is an experienced outsourcing provider offering legal services (under BRICS Consulting brand name), 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.
Awara Combines Accounting with Value-Added Financial Administration Services
From the point of view of business administration, the main challenge on the Russian market is to free up management time for strategic and operative management projects 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. Frequently it is not easy to find a reliable outsourcing partner on the Russian market. Most accounting firms have not understood that their challenge lies with financial administration rather than with the accounting itself. Awara Accounting fills this gap in the market by offering value-added financial administration services, combined with accounting services with a consulting edge. In this way, we take care of our client’s financial administration and reporting needs, resolve problems, clear hurdles and break the barriers which lie between a good business strategy and profit.
With Awara, the client does not just hire a bookkeeper, but a financial administration team that delivers results. 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 value-added input into the operations. With our service the client significantly cuts the implementation time of projects and enables the client to receive unlimited resources.
Accounting, financial administration, and all combined in risk management
While quick in delivery, we are meticulous in risk management. Our team has gained extensive experience throughout Russia’s 20 years of transition to a market economy. While professionally managing risks, we deliver the best economic savings in financial and taxation choices, because 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.
Not big, but few can compete with us in resources
Awara is among the largest Russian business administration firms in its field. Our expertise is unique compared with the others, as we are the only one that combines accounting, taxation and law expertise of the 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 advantage in offering human resources services and recruitment.
On the Russian market, where the regulatory environment is still in the early stages of its evolution and 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 provider of accounting services. It can 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 there have been so many fundamental changes in society, 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 developing practice in implementing the rules; language skills; the challenge of communicating 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 our service and communication is assigning a key account manager to each client, with the purpose of ensuring that all of the client’s interests and queries get immediate attention and are serviced. 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.