Welcome to Mabstac, LLC | Anything Accounting

  • Call us: (703) 828-2336
  • Mail US : info@mabstac.com
  • ADD US : Mabstac, LLC
  • Call us: (703) 828-2336
  • Mail US : info@mabstac.com
  • ADD US : Mabstac, LLC
  • 700 12th Street NW, Suite 700,
    Washington, DC 20005, USA

  • Mon - Fri 9.00 am - 5:00 pm
    Sat. & Sun. Closed

Accounting Outsourcing

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The challenges of recruiting and retaining excellent accounting talent as well as the opportunity cost involved in having an in-house accounting department cause businesses to retain third-party entities to be responsible for some or all of its accounting operations.

Totally or partially outsourcing your accounting operations provides business owners and managers with the space to focus on the organization’s profit centers and revenue generating activities, while being supported by a third-party entity providing more timely and reliable accounting, tax, controllership and CFO type information to assist organizations to make decisions.

Services includes:

  • Accounts payable/receivable
  • General ledger accounting
  • Account reconciliations
  • Fixed asset management
  • Preparing monthly and annual journals
  • Month, quarterly and year-end closings
  • Overseeing annual audit preparations
  • Filing tax returns and preparing 1099s
  • Preparing checks and payments
  • Meeting regularly to review financial information
Short or Long-term

Whether it be transaction assistance with journal vouchers, invoicing, payroll or more strategic assistance to include CFO support services, your commitment may be short or long-term.

Technically Competent

We will put the right resources in place to help clients achieve the desired outcomes.

Current Technologies

We develop our professionals in a suite of accounting technologies to be able to provide the best solutions to our clients.

Benefits of Outsourced Accounting

Entities are using outsourced accounting services for various reasons including:

  • Accounting standards are constantly changing and accounting firms possess the requisite knowledge and technical expertise
  • Better leverage of scalable cloud-based and other accounting technology to automate and account for transactions
  • Cost savings of outsourced versus inhouse accounting and a reduction in the risk of employee turnover

Entities choose us because we take the idea of being your accountant seriously, and our professionals are dedicated to exceeding clients’ expectations. Also, our professionals continue to transform clients’ accounting function with timely and innovative tools.

Other Services Include

Financial statements preparation involves our professionals taking your financial data (e.g. trial balance) and preparing photo-finished GAAP-based financial statement in accordance with the applicable financial reporting framework (e.g. FASB, GASB, IFRS, OCBOA etc.). This is technical skill which at times is unavailable within organizations. We offer this service to organizations because the preparation of the financial statements is responsibility of management and not the auditor.

A growing challenge for employers all over the world is finding the right accounting and audit talent. This is further complicated by the digital age where business requirements and needs, and also emerging roles, are changing. Our professionals have over 30 years of audit and accounting experience, and they remain technically and technologically relevant. We provide professionals to audit firms to join their team on various audit projects.

Accounting standards are constantly changing and the level of technical expertise required is constantly increasing. The challenges of recruiting and retaining excellent accounting talent as well as the opportunity cost involved in having an in-house accounting department cause businesses to retain third-party entities to be responsible for some or all of its accounting operations. We provide expert accounting support to our clients.

Our team of specialists has in-depth tax law knowledge and broad business experience, which provides our clients with reliable and practical advice. We emphasize planning and encourage frequent discussions to determine what actions can be taken to reduce your tax burden and plan for the future. We are equipped to help you navigate the rigors of the tax law and required compliance.

Outsourcing Applications

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