Assurance and Advisory

Do you need advice and support to preparing your statutory accounts and management accounts

Preparing your accounts at year end is one thing, however, getting the books together at year-end isn’t the end of the story. Using them to make informed business and personal decisions is the most important bit

ABS Accountancy can provide assurance & advisory and much more

Would you appreciate expert guidance on your financial performance? Then you’re in the right place ABS Accountancy can provide assurance & advisory and much more.

In order to make effective business decisions, you must have confidence in the information on which you base them. Working with poor or non-existent information can lead to a lack of clarity and control.

At ABS Accountancy, we are committed to helping you reach the right accounting solution

In the current environment companies, operate and face, many challenges from an accounting prospective as shareholders, and other external stakeholders take a greater interest in what companies report, and disclose in their financial accounts. Our teams of specialists can support you in ensuring that you meet these challenges, financial reporting is becoming more and more complex, which can mean even seemingly simple transactions can have complex reporting ramifications. 

Even without change, preparing accounts can cause an unwelcome headache.

At ABS Accountancy, we are committed to helping you reach the right accounting solution, in the context of reporting objectives, commercial reality and regulatory requirements. Our accounting advisory professionals bring in-depth technical accounting knowledge, and substantial industry experience.

With our help you’ll be able to:

See from your company accounts exactly how profitable and stable your business is

Make good, solid plans for the year ahead

Use the information for making the right business decisions.

See from your company accounts exactly how profitable and stable your business is

More than numbers – it all adds up

We won’t just hand over your accounts and leave you to figure out what they mean. We’ll review the business’s financial performance with you, answer your questions, and advise you in plain English.

Our director is a small business owner himself, which really helps. He understands your pain and speaks your language.

Whether you need assistance presenting your financials, forecasting performance, or strategic planning, we are here to support you comprehensively.

With our assurance and advisory services, we can help interpret your financial figures, providing clear insight intobusiness’sness’s performance and current state.

Growing your business can be difficult and stressful so you’ll need to be able to put focus on the areas of activity that make it most profitable.

We can also help with

Assessing the key performance indicators in your business and help you explore ways of improving the monitoring of key performance data throughout your business

Assessing the impact and likelihood of key risks and define the appropriate actions; and help you to accurately present your budgets and forecasts helping you to engender confidence in your figures and foster business growth

We can provide regular management accounts giving you a clearer picture on things like cash flow, profitability, performance ratios, funding, customer activity, credit control and budget comparisons. Having a regular view of your business will help you to assess and adjust your plans throughout the year

Bookkeeping services – Need help with your bookkeeping? We can visit your premises to process your work or set up remote access and online accounting – whichever you prefer. Outsourcing your bookkeeping to us removes the need for you to employ your own accounts staff.

Our Assurance and Advisory service includes:

Preparation of annual accounting statements

iXBRL (inline eXtensible Business Reporting Language) tagging

Making Tax Digital

Preparation of annual corporate tax returns

Advice on accounting compliance such as IFRS, GAAP

Find out how ABS Accountancy can help you