Accounting for Island Lake’s Professional Services Enterprises
Certified India-based team with CPA oversight. WIP reporting, utilization metrics, and project profitability made simple.
Island Lake is a hub for consulting firms, legal practices, and financial services firms.
Client Reviews
We support business owners across the country with reliable, remote bookkeeping. Here’s what a few of them say:
Law firm trust accounts are error-free.
- Michelle D, Trust Accountant
Close cycles shortened by 6 days.
- Jason K, Finance Manager
Variance narratives save us hours each month.
- Olivia T, Financial Reporting Lead
Frequently Asked Questions
Do you support WIP reporting?
Yes, including reconciliation of time, expenses, and progress.
Do you handle time-based billing reconciliations?
Yes, including hourly, retainer, and milestone billing.
Do you provide utilization metrics?
Yes, to track efficiency and resource allocation.
Do you serve law firms?
Yes, including trust accounting and client billing.
Do you support consulting firms?
Yes, with utilization analysis and WIP reports.
Can you manage multi-entity firms?
Yes, with consolidated reporting.
Do you support IFRS as well as GAAP?
Yes, for global firms.
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