Accounting and financial reporting

Companies face the ongoing, and ever-increasing, challenge of keeping up to date with the understanding, interpretation and implementation of new accounting requirements under UK GAAP and IFRS, as issued by the UK and international accounting standards bodies. However, accounting and financial reporting has become much more than just about compliance; it’s about transparency, being cohesive and striking the appropriate balance between being informative yet concise, whilst also ensuring that the requirements have been appropriately applied.

Whether you are reporting under UK GAAP (including FRS 101 Reduced Disclosure Framework or FRS 102 The Financial Reporting Standard Applicable in the UK and Republic of Ireland) or International Financial Reporting Standards (“IFRS”), the significant experience of our Accounting Technical Services team covers a range of industry sectors across a wide spectrum of clients, including fully listed companies, AIM quoted companies, companies preparing for a flotation, UK subsidiaries of listed companies and large and medium-sized owner-managed businesses.

How we can support you 

We provide accounting advice to help support you with understanding the complexities of the accounting requirements. Some of the mains areas in which we can support you include: 

  • GAAP conversions, including framework impact assessments and transition support to/from IFRS, UK GAAP and US GAAP;
  • Technical advisory and opinion papers on complex matters, including mergers and acquisitions, financing structures and capital reductions; 
  • Financial statements preparation, including floatation support;
  • Financial statements disclosure and compliance reviews;
  • Accounting policy manual reviews and compliance updates;
  • Bespoke training and technical updates on new and amended standards and forthcoming developments for your company; 
  • Application and full implementation support of new accounting standards, including: 
    • Financial instruments accounting, including transition support, expected credit loss modelling, disclosure support and contract reviews under IFRS 9 Financial Instruments;
    • Revenue recognition accounting, including contract modifications and contract reviews under IFRS 15 Revenue from Contracts with Customers;
    • Lease accounting, including scoping reviews and contracts analyses under IFRS 16 Leases;
    • Insurance accounting, including impact assessments and implementation support under IFRS 17 Insurance Contracts; and
    • Infrastructure accounting under IFRIC 12 Service Concession Arrangements;

Contact us

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