In many jurisdictions, businesses need to prepare annual financial statements. This may be a local filing?requirement, or perhaps to support an annual tax filing.??
Depending on the jurisdiction, these financial statements may need to be in local language and adopt local accounting conventions. Reporting formats like US GAAP, IFRS and UK GAAP are commonly-used, but these can still pose a technical challenge for HQ finance teams.?
As well as maintaining your underlying books and records as part of our accounting services, we can prepare locally compliant financial statements.?
And you may sometimes require other non-statutory financial statements or reports, perhaps to support bank lending, a regulatory report or internal reporting and audit. Our local teams can help with these too.??
Where there's an audit requirement, we can recommend auditors and support the audit process.