Beterra
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TOP-15 RAEX

Russian audit and consulting firms

TOP-20 RAEX

accounting outsourcing

20+

years of tax assessment experience

80+

professionals on the team

We implement state-of-the-art solutions

We integrate ERP systems and 1C, provide parallel accounting to Russian and international standards.

We successfully provide B2B services internationally

We engage in communications with the financial experts at multinationals on a regular basis.

All types of management accounts

We use any formats of operational accounts and provide them within the agreed-upon deadlines.

Our management account generation service includes:

  • Accounting in accordance with your group's standards and policies
  • Preparation of periodic reports and itemizations as per schedule 

What you get

Higher profit margins for your business

Based on competent accounting, the business gets full information to boost net profits, and the owner stable dividends.

Clear planning system

You get accurate figures for corporate performance forecasting and risk mitigation.

Transparency in business administration

Your cash flow is under your control, and you have up-to-date information for decision-making.

Management accounts to your standards

We are available online for your financial team and prepare management accounts in a format easy to use for your company.

Send a request

An expert will contact you to discuss your project

We provide services multinational companies
We configure integration between 1C and your ERP system

We set up custom 1C-based configurations and fine-tune the required file export format for financial consolidation.

We liaise with the finance department of the head office

Our experts speak English and provide detailed comments and itemizations for the reports prepared.

We take into account the global policies of the corporate group

We synchronize filing deadlines with the policies of head offices and provide detailed monthly operating statements on Russian subsidiaries.

We ensure comparability between Russian and IFRS standards

We maintain parallel accounts to both Russian (RAS) and IFRS standards. We provide state-of-the-art solutions with highly detailed up-to-date financial information.

Our clients often request other services with this one:

For over 25 years, Beterra (formerly Baker Tilly International) has been affiliated with an international network and provided services to multinational companies.

We continue leveraging the experience gained to provide B2B services internationally and prepare regular accounts for their Russian arms to the IFRS/GAAP standards in the required formats.

Client testimonials

Thanks to Beterra, we are confident of the fairness rather than formal compliance of representations

Valerie Sheldon

Accountant

IT company

Beterra provides material support to our global HQ in preparing monthly management accounts for the Russian branch.

Our company maintains US GAAP-compliant accounts. Operational decisions in respect of the Russian arm require deeper breakdowns for comparative analysis. We looked for a provider capable of enabling prompt communication between their accountants and the finance department of the head office of our corporate group during the period of a major downsizing at the branch. Beterra's key employees speak English and can provide the communications we need. When closing a month, our financial experts can communicate with the accountants in Russia online and always receive comprehensive feedback on each of the figures in the report.

Thanks to the so-called Reconciliation files, developed by Beterra, we are confident of the fairness rather than formal compliance of information.

They restored our data and enable the management accounting process as per US GAAP

Elena Antonova

Financial Manager CIS

Energy

We wanted to set up a process of management accounting as per the global policy of our parent international corporation.

Beterra's programmers started by implementing the 1C-based accounting module to international financial reporting standards and setting up account mapping and export of entries from the RAS module.

Now when a month is being closed, the IFRS module makes the necessary accruals and adjustments to the RAS figures for conformance with the US GAAP accounts. Parallel accounts are kept for fixed assets in accordance with the company's policy, for amounts payable to suppliers and for finance lease transactions.

The company can now forecast its financials based on additional itemizations.

Now Beterra enables the import of all data into the ERP systems for global consolidation.