In many smaller businesses, it can be difficult to manage the commitment of the day-to-day role of a finance director, in addition to finding the necessary time to devote to the accurate preparation and presentation of statutory financial statements.
Not only can the preparation of statutory financial information be complex and time consuming, the ever-changing reporting framework requires your staff to maintain an up-to-date knowledge of regulations.
Our team helps companies manage their statutory legal accounting requirements by helping with the interpretation and application of both UK GAAP (Generally Accepted Accounting Principles) and International Financial Reporting Standards (IFRS).
We have extensive experience in providing support and assistance to clients on a wide range of accounting and financial reporting issues.
Our team has in-depth experience of all UK statutory formats and disclosures and regularly prepares statutory financial statements for all groups.
We are able to assist in a number of areas to supplement or strengthen your own in-house resource so that you can meet deadlines and cope with peaks in workload.
Full preparation of financial statements in statutory format from source documentation
Review of draft accounts for presentation, disclosure omissions or errors
Advice on the interpretation of accounting standards and the application of those standards to particular circumstances or transactions
Assistance with technical accounting issues that you may not be able to solve in house