Most businesses find the year end close and annual audit process a stressful, time consuming and costly exercise, whilst still trying to focus on successfully running their business. We help by taking away the stress and strain whilst saving you money by planning, overseeing and helping clients execute a successful year end close and prepare for a time and cost saving year-end audit.
Our services cover the following:
The planning, overseeing and performance of key tasks that are critical for a successful year-end close, and preparation of year-end audit file complete with draft annual financial statements and standard audit lead schedules and other supporting documents.
To achieve this we focus on these key areas,
- Year-end close planning.
- Review and/or execution of key reconciliations.
- Review of prior year roll forward.
- Period 12 close and period 13 adjustments preparation.
- Key accounting policy review and documentation.
- Drafting of annual financial statements.
- Compilation of audit file and Prepared By Client List.
- Liaison with external auditors.
- Pre audit, interim and close out meetings.
- Post audit close out.