Annual Financial Statement & Auditor Liaison
Timely and accurate preparation of annual financial statements are a statutory requirement in most jurisdictions and vital to ensuring decisions are made with on the basis of accurate information.
The financial statements act as a annual health check on the structures under administration highlighting not only improved performance but also raising financial management issues that may not have otherwise been considered. Our experienced team of accountants with in depth knowledge of FRS 102, IFRS, and Singapore FRS, work directly with our client teams to ensure accurate and timely financial reporting.
We ensure the governing documents and local regulatory requirements are always at the forefront of the decision making process. We will also take on the administrative burden of managing the day-to-day audit process allowing your conversations with the auditors to focus on the significant issues and value added services.
An overview of the services includes:
- Development of financial statement templates in advance of the year end for your review
- Preparation of generally accepted accounting principles (GAAP) compliant annual financial statements
- Consolidation accounting and preparation of group financial statements in accordance with the GAAP
- Working directly with the auditors to ensure information is provided in a timely manner and audits are completed inline with the regulatory and client requirements
- Preparation of financial statements from client’s bookkeeping records and working papers