Cost Accounting Services
Rectify the activities that are not yielding benefits and get a better grip on cost control with our comprehensive cost accounting services provided at cost-effective prices
Are you finding that you are losing out on potential profit because you are not able to obtain accurate and relevant costs for your product, brand, channel, or region in a periodic and automated fashion? Are you looking for help to design processes and efficient cost center hierarchies to gain insights into cost drivers that help you determine inefficiencies related to product costs? If so, you need the help of a professional cost accounting service provider, and we are just such a provider.
Flatworld Solutions (FWS) is a leading provider of cost accounting solutions and can help you with a wide range of cost accounting requirements. We help clients obtain timely and actionable insights that help them focus on business drivers and optimize the available capacity such as people, infrastructure, and resources. We also provide insights related to increased cost transparency that helps to identify inefficiencies.
Our Cost Accounting Services
Flatworld Solutions is a leading provider of cost accounting outsourcing services to clients from across the world. We provide cost analysis and set-up of decision processes and an objective basis to drive enhanced profitability and performance of business processes.
Our cost accounting services include -
Variance Analysis
With this analysis, we detect and correct variances from the expected level. We analyze the causes for the variance and advise corrective actions to be taken to minimize variances. We detect the price variance (variance between actual and expected price) and volume variance (variance caused by changes in the volumes of acquired goods and services) and perform profit center and cost center analysis.
Break-even Analysis
Our break-even analysis identifies the survival point for businesses. We measure the profit and losses at different levels of production and sales and predict the effect of alterations in sales prices. We also analyze and present the relationship between fixed and variable costs and predict the effect of changes in costs and efficiencies on profitability.
Contribution Analysis
Here, we analyze the contribution of a product or product line to the final profit and also measure the impact of external and internal factors to the contribution. The contribution of these factors to the sales of each unit is also analyzed.
Overhead Analysis
Here, all costs of a product's manufacture excluding material and labor costs are called overhead costs. We determine the fixed and variable overhead costs and emphasize minimizing the variable costs to maximize the profits. We also help clients monitor their variable costs regularly.
Other Services
Cost Accounting Records Analysis
Cost Compliance Reports Services
Identifying Profit Centers
Management Consultancy Services
Valuation of Businesses
Due Diligence Services
Physical Verification Services
Service Tax Services
Valuation for Excise as per CAS-4 Services
Cost Audit Services
Pricing Goods & Services
Managing Information Systems
Project Management Services
Rehabilitation Services
System Audit Services
Central Excise Services
VAT Services
Why Outsource Cost Accounting Services to Flatworld Solutions?
Flatworld Solutions is a leading cost accounting service providing company and has helped numerous clients obtain high-quality cost accounting services. Some other reasons to work with us include -
Cost-effective Pricing
We provide our cost accounting solutions at highly affordable rates and guarantee you maximum return on investment.
Data Security
The security of your data is our number one priority and to this end, we are also ISO/IEC 27001:2022-certified.
Tools and Technologies
All our finance and accounting professionals use the latest accounting tools and technologies to provide high-quality cost accounting services.
High-quality Services
We work extra hard to gain the trust of our clients and to provide the highest quality cost accounting services.
World-class Infrastructure
All our finance and accounting professionals work out of international-standard offices equipped with modern and powerful computers, enabling them to provide world-class cost accounting solutions.
Quick Turnaround Time
It is always a milestone for us to deliver our cost accounting solutions ahead of schedule and within budget.
Expert Team
Our cost accounting team is comprised of highly experienced and qualified finance and accounting professionals.
Other Services You Can Benefit From
Client Success Stories
Financial & Accounting Back-office Support
A Las Vegas-based Loan Production Office of a bank approached us with financial and accounting back-office support requirement. Our team provided the required service and helped the client to efficiently manage the huge volumes of paperwork.
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Billing Services for a Law Firm
A leading law firm was looking for a cost-effective and reliable billing service provider. Our team provided the services within a quick time.
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Outsource Cost Accounting Services to Flatworld Solutions
Flatworld Solutions is a leading provider of cost accounting services as well as a comprehensive range of other finance and accounting services to clients from across the world. Our finance and accounting professionals are highly qualified and experienced and provide high-quality services at affordable prices. If you are looking to drive down your costs and maximize your profitability, just partner with us and experience a real boost in your bottom line.
If you're looking for high-quality and cost-effective cost accounting services, get in touch with us today!
Our Customers
Philippines Finance and Accounting Services
Hire experienced and talented Filipino finance & accounting professionals & for your business
USA
Flatworld Solutions
116 Village Blvd, Suite 200, Princeton, NJ 08540
PHILIPPINES
Aeon Towers, J.P. Laurel Avenue, Bajada, Davao 8000
KSS Building, Buhangin Road Cor Olive Street, Davao City 8000
INDIA
Survey No.11, 3rd Floor, Indraprastha, Gubbi Cross, 81,
Hennur Bagalur Main Rd, Kuvempu Layout, Kothanur, Bengaluru, Karnataka 560077