Financial Reporting

Navigating Regulatory Complexity with Global Expertise

Financial Reporting

What is Financial Reporting?

Today, the importance of accurate financial information has become critical for timely and efficient management decisions. We understand the importance of accurate, compliant and timely financial reporting for your business. Our team of financial experts has extensive experience in preparing financial statements that meet regulatory reporting standards across multiple jurisdictions and sectors.

Whether you require standalone or consolidated accounts, we deliver each set with precision and efficiency. We support clients across a wide range of industries in the United Kingdom, Ireland, and Canada. Our team is highly proficient in the latest accounting software to ensure the full breadth of statutory reporting requirements are met. 

Scope of work: 

  • Preparation of accounts in accordance with various accounting standards 
  • Preparation of standalone and consolidated accounts 
  • Other services we provide: trial balance imports, translation of trial balance in foreign currencies 
  • Use of CaseWare, MS Word and Excel

How does our financial reporting process work?

Step 1: Kick Off Meeting 

  • Understand your current Financial Statement (FS) preparation process and needs;
  • Explain our FS preparation process including list of documents required from you and agree on timelines to deliver the accounts.

Step 2: Preparation of Financial Statements 

  • Ensure the FS template is updated for new accounting standards, presentation and disclosures;
  • Incorporate trial balance figures;
  • Incorporate specific disclosure notes as required by you. 

Step 3:  Review of Financial Statements 

  • All FS prepared go through a detailed review before being sent back to you (including list of outstanding information required from you).

Step 4:  Delivery 

  • Deliver the first draft
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Why choose our financial reporting service?

Expertise: Highly skilled and experienced expert to assist with the preparation of complex financial statements for various industries.


Compliance: Our financial statements are compliant with International Accounting standards, International Financial Reporting Standards and other Generally Accepted Accounting Principles.


Accuracy and Reliability: We have a rigorous quality control process to ensure accuracy and reliability.


Timely Delivery: 100% of our financial statements were delivered within agreed deadlines.


Cost-Saving: Outsourcing can help you save on costs associated with training, software licenses, and other overhead expenses. No additional fees are charged for minor amendments in the FS.


Communication: Updates provided on status of financial statements.

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Our Clients Testimonial

Since 2016, we have been providing financial statement preparation services to a leasing company, using both CaseWare and Microsoft Word. Over the years, our team has built a strong and trusted partnership with the client by consistently providing high-quality financial statements on schedule. 

 

We received the following feedback from our valued client:


“Thank you for providing the first draft financial statements for the project in a timely manner. The quality of your work was of a very high standard, and it clearly reflects the effort and attention to detail you put into it. I also appreciate the daily updates from the Mauritius team of the FS that will be delivered to the client daily—this level of communication adds real value to the project. The successful delivery required great planning ahead of the deadline and excellent teamwork, both of which were clearly demonstrated. Well done, and thank you for your continued professionalism."

Insights

Key Contacts

Dedicated professionals committed to your unique challenges.

Andy Lim Shung

Andy Lim Shung

Lead Partner, Accounting, Book-keeping & Financial Reporting Outsourcing - BDO Solutions
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Aboo Toorawa

Aboo Toorawa

Lead Partner, Accounting & Payroll Outsourcing - BDO Solutions
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Anisha Poonyth

Anisha Poonyth

Associate Director
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Frequently Asked Questions (FAQs)

Please contact us to discuss your needs and requirements. We will be happy to provide you with a timeline which would suit your needs.

No. All amendments are included at no extra cost unless the changes are substantial enough to require a complete redo of the statements. 

    • The signed financial statements from the previous year
    • The latest editable version of the prior year’s financial statements (Word or Excel format)
    • The current year trial balance
    • If you require the financial statements to be prepared in CaseWare, we will also need the prior year CaseWare file. 

Yes. We can update your financial statements to incorporate corrections, adjustments, or restatements as needed. 

Please contact us to discuss your needs and requirements. We will be happy to provide you with a customised quote. 

We ensure accuracy and compliance through a structured, multi-layered review process. Our team performs thorough quality checks using a review checklist to ensure that the set of financial statements is complete, consistent, and fully compliant in accordance with financial reporting regulatory standards across various jurisdictions and sectors.