JT Accounting

JT accounting (JTA) is an independent accounting company operating in bermuda supported by qualified accountants. we work with companies that outsource their accounts office. We are experienced Financial Controllers and carry out those functions for many of our clients.

COST ACCOUNTING
good governance in today's business world starts with internal controls and applied cost accounting. a successful business is based on best practice and good corporate governance.

applied cost accounting varies from industry to industry. it may be sufficient in a small company to match income and expenses within the monthly management accounts but for a more complex company such as construction, the emphasis is documenting contracts and matching with payables and receivables.

in a professional service office our main objective is to maintain a clear record of associates’ time for payroll and billable hours.

whatever the cost accounting requirements of your business JTA is able to work with you and provide you with complete costs and a supporting role as needed.

MANAGEMENT ACCOUNTING
a corner stone of management accounting is the timely presentation of management accounts, a key element for managers that assist in making those important decisions.

in addition to keeping track of the business, great companies use their accounts to manage their costs and improve their margins. if you are looking to tighten expenses and improve your margins JTA can advise and implement efficient systems to meet those goals.

FINANCIAL ACCOUNTING
our financial accounting department provides audit preparation to canadian GAAP standards, reconciliations, monthly financial statements, accounts payable, accounts receivable, cash flow statements, evaluate shareholders value, calculate dividends and complete government reports.

this is the accounting category that most local companies in bermuda see as the function of their accountant. JTA undertakes all of these jobs, in various combinations for their clients.

as part of JTA service, our experienced accountants will also provide management accounting and cost accounting support.

we specialize in bringing books up to date. our accountants will work with you, swiftly sorting through your paperwork for timely presentation of your financial statements. if you are concerned about delayed bank reconciliations please contact us, we can help.