For Business
Statutory Accounts
Changes in accounting standards, disclosure requirements and legislation make it a challenge for your business to prepare statutory accounts. We make it easy for you.
We’ll work closely with your finance directors or financial controllers to help draft your statutory accounts, giving them back the time to focus on running and growing your business.
Working together
Whether you’re a finance director or the financial controller of a limited company or group, we know the preparation of statutory accounts presents an unwelcome challenge. This is mainly due to complex legislation, coupled with changes in accounting standards and disclosure requirements.
In addition, the ever-changing auditor ethical and independence requirements may mean that this is the first time your auditor has issued you with a set of proformas and asked you to draft your own statutory accounts.
Our experts can support your business at every stage, from auditor’s fieldwork and audit pack to director’s reports. Outsourcing doesn’t have to be an expense: our use of specialist accounting software and efficient iXBRL tagging, avoids the need for you to manually tag accounts in Word or Excel and can reduce your internal costs significantly.
How can we help you?
Your business is unique and we have the people who understand your statutory accounts requirements, including:
- Delivery of a high-quality set of statutory accounts, derived from your year-end management accounts
- Providing you with a disclosure pack to be completed for relevant disclosures in the statutory accounts
- Liaising with you on the content of the narrative reports (strategic and directors’ reports).
- Assistance on accounting treatments and disclosures where required
- Guiding you, as appropriate, through updates in accounting standards and the impact on your business and statutory accounts, including numerical and disclosure changes.