Statutory Accounting

Statutory Accounts are the public image of your business, we will ensure you always stay compliant in this evolving environment and accounting implications are appropriately considered in business decisions.

Ian

Ian Chapman

Virtual Finance Function Director

Who we can help

  • OWNER-MANAGED BUSINESS
  • HIGH-GROWTH START-UPS
  • UK ENTITIES
  • SMES
  • LISTED ENTITIES
  • INTERNATIONAL CLIENTS
  • PUBLIC SECTOR & NOT FOR PROFIT ORGANISATIONS

How we can help

  • STATUTORY ACCOUNTS PREPARATION
  • AUDIT PROJECT MANAGEMENT
  • ACCOUNTING POLICY REVIEWS
  • DISCLOSURE REVIEWS
  • BOARD REPORTING

STATUTORY ACCOUNTANTS DEDICATED TO YOU

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With all the demands of running your business, making sure you comply with your statutory and listing reporting requirements accurately and on time is surely a burden you could do without. On the other hand, you can ill afford the reputational and potential financial penalties because of late or incorrect reporting. That’s why our statutory accounting services are right for you.

Our dedicated team of statutory accountants will take care of all your financial reporting requirements, whist keeping you abreast of changes in accounting standards or disclosure requirements. The statutory accountant will be integrated with your existing finance team and be there to support you with ad-hoc technical advice and board reporting outlining those key critical accounting judgements management need to be aware of.

EXPERIENCED STATUTORY ACCOUNTANTS

You will get access to a team of dedicated statutory accountants who have experience of producing annual reports for small FRS 105 companies all the way up to large multinational IFRS consolidated accounts and from retail businesses to financial services to oil & gas companies. All of this whilst ensuring you receive quality outputs underpinned by AAB expertise and training.

Not only can our team of statutory accountants assist with annual disclosures, they can help you meet board or interim reporting. For board reporting they can ensure key management are appropriately considering those critical accounting judgements on a regular basis and the associated impact on your financial results, stopping this becoming a shock at year end.

Talk to us about statutory accounting

SUPPORTING YOU THROUGH THE AUDIT PROCESS

Our team of dedicated statutory accountants aren’t only experienced in the preparation of annual reports they are also experienced in project managing some of the largest audits either as statutory accountants in industry or as auditors themselves.

They will ensure your audit runs smoothly with minimal impact on your existing finance team. They will ensure audit packs are produced proactively ahead of your year-end audit and that they are clear and concise minimising the number of questions from your auditors. Our approach is proactive, communicative and collaborative. By planning well in advance, we can eliminate any last-minute signing rush.

Ensure your audit runs smoothly - get in touch

BEST PRACTICE DISCLOSURES ACROSS THE ANNUAL REPORT

It’s not only accounting standards that are constantly evolving, with new standards or interpretations being issued by the IASB or FRC, but also corporate governance disclosures. From Streamlined Energy and Carbon Reporting (SECR) to s172 statements to corporate governance codes the number of disclosures required by different sized businesses is a minefield to navigate.

Let our specialists take this stress off your mind by ensuring you not only comply with all the different narrative disclosures but also that you meet industry best practice disclosures. Our team will work with your management to ensure compliance as well as giving the message your business wants to present to the public.

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A FINANCE FUNCTION THE RIGHT SIZE FOR YOUR BUSINESS

Most businesses do not require a full-time statutory accountant or currently struggle to recruit and maintain the statutory accountant skill set. Why not let the Strategic Finance Solutions team step in and remove this burden from your existing finance team, allowing them to focus on the normal monthly reporting processes. Not only will we prepare your statutory accounts we will project manage your audit further reducing the pressures on your finance team.

You get access to specialist statutory accountants and technical accounting support with out having to go through the long recruitment process, ongoing training requirements or adding to your permanent headcount.

Get statutory accounting support

 

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