Financial Reporting

Financial statements and management reports you can rely on

Financial Reporting is for growing companies, CFOs and finance leaders who need financial statements, management reports or consolidated reporting across multiple entities. Your accounting records show what happened — we turn them into the reports your board, lenders or regulators need.

Executive Summary

Turning your accounting records into finished reports

This is the work that happens after the books add up. Financial Reporting takes your accounting records and prepares them into financial statements, management reports and, where you run more than one entity, consolidated accounts.

It is a different job from Accounting Solutions, though each depends on the other. Accounting records and maintains the transactions. Financial Reporting organises those records into statements your board, lenders, auditors and regulators can rely on. One keeps the records; the other presents them.

Those reports then do further work across the firm. Tax Intelligence uses them for filing and compliance, so the same set of figures carries through instead of being rebuilt each time.

When It Applies

When businesses come to us for reporting

These are the situations where a business has the underlying records but needs help turning them into finished, dependable reports.

  • Multiple entities to consolidate

    Each entity reports on its own terms, so there is no single set of figures covering the whole group without someone assembling it by hand.

  • Budgeting and planning

    Budgets and plans are being built on figures put together manually each time, so nobody is confident they are complete or comparable.

  • Inconsistent reporting

    Different parts of the business present performance differently, so board discussions begin by reconciling versions rather than making decisions.

  • Financing applications

    A lender or investor has asked for financial statements, and what exists internally is not yet in a form that can be submitted.

  • Limited management reporting

    Management needs regular reports on how each part of the business is performing, and there is no routine in place that produces them.

  • Limited internal capacity

    The finance team keeps the records accurate but does not have the time, or the specialist framework knowledge, to prepare the reports on top.

How It Works

How reporting connects to the rest of your finances

Financial Reporting sits between your records and everything that depends on them. Accurate accounting information goes in, and finished reports come out for the services and stakeholders that need them.

  • Built on Accounting Solutions

    Reports are only as good as the records beneath them, so we start from accounting information that is already accurate and complete.

  • Context for Tax Intelligence

    Tax Intelligence works from the same reports for filing and compliance, so your tax position is prepared from figures you have already signed off.

  • Continuity through Outsourcing Services

    Where extra capacity is needed, Outsourcing Services supplies the people to keep reporting running to schedule through busy periods.

What Changes

What you get from reporting done properly

  • One set of figures

    The whole business, including every entity, is covered by one set of reports, so nobody has to reconcile versions before a discussion can start.

  • Stronger executive confidence

    Leadership presents and defends the financial position without needing to caveat where the numbers came from.

  • Better-supported planning

    Budgets and plans are built on reported figures rather than the most recent impression of how things are going.

  • Consistency between periods

    Each period is prepared the same way, so figures can be compared over time without first adjusting for how they were put together.

  • Clearer performance evaluation

    It becomes possible to say which parts of the business are performing and which are being carried by the others.

  • Reports stakeholders accept

    Statements reach lenders, investors, auditors and regulators in the form they expect, rather than prompting a round of questions first.

Engagement Journey

From your records to finished reports

Every engagement follows the same four steps, so you know what is happening at each stage and when the reports will be ready.

  1. Consolidation

    We bring together the records from every entity and system, so the whole group is working from the same starting point.

  2. Preparation

    Statements and management reports are prepared under whichever framework applies to you — GAAP, ASPE, IFRS, AASB or SFRS.

  3. Review

    The reports are checked before they go anywhere, so anything that needs explaining is settled before your board, lender or auditor sees it.

  4. Ongoing reporting

    Reporting continues on a regular schedule, prepared the same way each period, so you are not starting from scratch every time.

Where It Applies

Reporting requirements differ by industry. The need for statements that are accurate, consistent and delivered on time does not. These are the industries we work in most often.

Let's Talk Through It.

Speak with an advisor about the reporting, compliance or capacity questions your business is working through.

  • Executive Advisor
  • Multi-sector Expertise