Preparation of special purpose, general purpose and ASX listed financial statements in compliance with Australian Accounting Standards based on your final reporting date trial balance.
Development of financial statement templates
Development of a financial statement template specific to your business to enable you to populate AASB compliant financial statements with your year end numbers.
Preparation and presentation of in-house financial reporting and auditing trainingincluding
i. Quarterly technical updates
ii. Standard specific / topic focus
iii. Overview of new auditing standards
The training subjects will be practical and tailored to your specific needs.
Financial reporting helpline
A helpline to assist you or your clients on technical queries.
Technical query consultation service
Research service to provide written advice on detailed technical queries and accounting standard interpretations.
Provision of a regular update on financial reporting and assurance matters for you or available for you to send to your clients.
Early notification of pronouncements
Understanding of your business / clients to allow us to provide early notification of proposals from regulatory bodies which may impact you or your clients.
ASIC / CPA / ICAA inspections or reviews
Assistance with preparation or review of information for these regulatory visits.
Who would benefit from our services?
Accounting firms who do not have an in-house technical resource;
Businesses requiring a value for money solution for training accounting and finance staff;
Organisations wanting independent research performed on financial reporting issues;
Organisations looking either to outsource or for assistance with financial statement preparation;
Organisations with an existing financial reporting technical resource wanting leave coverage.
What are the benefits for you?
Your staff are technically up-to-date;
Training is presented by appropriately qualified personnel rather than using staff who have attended the training course to train your other staff;
Financial statements are prepared in accordance with relevant accounting standards; thereby reducing time and money spent on iterations during the audit process;
Technical queries are resolved in a timely manner using independent resources who can liaise with your auditors to obtain the most appropriate outcome.
What is the next step?
Contact Carmen Ridley of Australian Financial Reporting Solutions on 0438 029 867 or firstname.lastname@example.org arrange a no-obligation discussion to understand how we can provide you with more time to focus on your business rather than on technical matters.
To find out more about Australian Financial Reporting Solutions and how we can help you and your business see the following pdf documents: