C&R understands the necessity of getting the Year-end accounts compiled and preparing the financial reports as per the standards of accounting boards on a timely basis, so that statutory deadlines are never missed.
The CA firms can offload this requirement to C&R and our team can ably assist you in preparing the reports as per Financial Reporting Standards applicable in the UK. C&R’s well-trained and professional staff members can help the accounting firms in compiling information for the lead schedules, preparing financial statements and draft tax returns.
What We Offer
- Review of the year-end accounts for reallocation of capital expenses, accruals, deferred revenue etc.
- Reconciliation of Bank Accounts, Credit Cards, VAT, Corporate Taxation and Payroll accounts
- Preparation of financial statements and disclosures as per FRS 102/FRS 105
- Updating the leadsheets, preparing the working paper documents for the sub accounts and updating the audit exemption checklists
- Preparation of draft tax returns
- Proficiency in CCH Accounts Production/Audit Automation, CaseWare, IRIS Software
Software Capabilities
Value Proposition to the CPAs/CAs
Marketability
With the backing of C&R’s capability, CPAs can market their specialised services effectively.
Time
More time available to devote on high-value services like consulting and advisory.
Lower Cost
Outsourcing to C&R will give significant cost advantage to the CPA/CA Firms thereby directly helping the bottom-line to grow substantially.
Consistent Quality
Robust operational procedures of C&R ensure delivery of predictable quality work consistently which will help CPA/CA Firms to deliver consistent quality work to their customers.
Operational Stability
C&R has the track record of consistent and timely delivery of tasks. This helps CPAs ensure delivery of services to the clients without disruption.
Handle Seasonal Pressure
Ability to handle higher volume without having to hire additional resources.