Our expert team provide a wide range of accounting advice, assistance with implementation of new accounting standards, transaction support and technical training services to support your business in an increasingly demanding financial reporting environment.
With an unprecedented era of regulatory change and enhanced reporting requirements, the need for transparency for investors, owners and regulators has never been more important.
Our Financial Accounting Advisory Services (FAAS) specialists can assist you in the following ways.
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Our services
Accounting advice
We provide comprehensive accounting opinions to help you understand and manage any challenges effectively, offer support in the development and review of your accounting policies, and can ensure your financial statements are accurate, compliant and insightful.
How we can help
- Accounting opinions on complex contracts
- Accounting for financial instruments
- Accounting treatment advice – eg, share-based payments
- Review of accounting policies under IFRS and UK GAAP
- Assistance with complex financial statements, preparation and disclosures
Implementation of new accounting standards
Navigating the complexities of new accounting standards can be a challenge for any organisation. Our team is here to provide the expertise and support you need to ensure a smooth transition and compliance with the latest standards. We specialise in helping businesses like yours adapt to new accounting requirements, optimise financial reporting and enhance operational efficiency.
How we can help
- Adoption of UK GAAP amendments
- GAAP conversions
- IFRS 18 ‘Presentation and Disclosure in Financial Statements’ implementation
Transaction accounting
Undertaking a transaction of any kind can be complicated, time consuming and a stressful process. Our team has expertise across a wide range of transactions and can support you with a wide variety of transactional accounting services, minimising the stress and risks for your business.
How we can help
- Business combinations and reorganisations reporting
- Accounting advice on restructuring, group simplifications, disposals and acquisitions
- Accounting advisory before, during and post transactions
Technical training
Our team of experts can complement your internal training and development programmes by delivering the right information to the right people at the right time.
We offer specialised training in regulatory reporting requirements, tailored to suit your unique circumstances.
How we can help
- IFRS Standards
- Upcoming changes to IFRS
- Sections of current UK GAAP (FRS 102, FRS 101 and FRS 103)
- Upcoming changes to UK GAAP
- Annual updates on hot topics for reporting season – eg, common issues and FRC priorities
- Sector specific financial reporting modules
- Overview of common pitfalls in financial and corporate reporting
Sector-specific support
Our FAAS team also offers specialist accounting advisory and regulatory services for insurance intermediaries.
