Financial Reporting Services
Decisions are only as good as the information behind them. We help finance teams produce accurate, well-supported and decision-ready financial information – at period end and throughout the year.
Overview
Finance teams are often stretched between closing the books, supporting auditors and answering management's questions. Our financial reporting services add structured, hands-on capacity where it is needed most.
Whether it is a first-time Ind AS transition, a due diligence exercise for a transaction, or cleaning up control accounts before year-end, we bring a methodical approach, clear documentation and a focus on getting the numbers right.
Scope of services
Ind AS Conversions
Assessment of applicability, GAAP-difference analysis, accounting policy drafting, transition adjustments, opening balance sheet and first-time adoption disclosures.
Financial Due Diligence (FDD)
Analysis of quality of earnings, net working capital, net debt and debt-like items, and key financial risks to support investment and transaction decisions.
End-to-End Audit Support Services
Preparation of schedules, reconciliations, financial statements and supporting documentation, and coordination with auditors through the audit cycle.
AR/AP Reconciliation, including Control Accounts
Reconciliation of receivables, payables and control accounts with sub-ledgers, confirmations and statements; identification and resolution of differences.
Physical Inventory Verification and Reconciliation
Planning and observing physical counts, reconciling count results with book records and analysing differences, slow-moving and non-moving stock.
Physical Verification of Fixed Assets and FAR Reconciliation
Tagging and verification of fixed assets, reconciliation with the Fixed Asset Register and general ledger, and recommendations on register maintenance.
MIS Preparation
Design and preparation of monthly management information – performance against budget, profitability, working capital and key operating metrics.
Business requirements we address
- First-time adoption of Ind AS
- Investor or acquirer due diligence
- Faster, smoother statutory audits
- Unreconciled ledgers and control accounts
- Inventory and fixed asset records that do not match the books
- Management reporting that supports decisions