Advice on IFRS | International Financial Reporting Standard

Advice on
IFRS

Even with the International Accounting Standards Board (IASB) interpretations guidance, the International Financial Reporting Standard (IFRS) and the Generally Accepted Accounting Principles (GAAP) may prove to be unclear on certain matters and finding the right answer, in line with your business needs, may prove to be an overwhelming task. We will provide you with consistent, high quality advice that addresses all issues to achieve the maximum benefits for your company and is in line with the evolving and complex changes.

Our team has gained significant expertise regarding the principles of GAAP (objectivity, materiality, consistency & prudence) by assisting companies in different industries and is able to provide professional experience to GAAP & IFRS issues that affect your business.
Financial statements are not just a statutory obligation; they are a window to investors, lenders and suppliers, present and future and high-quality reporting can add significantly to the credibility of your market offering.

The IFR & GAAP
Advice Desk Offers Advise

We start by working with you to gain a deep understanding of the transactions that make up your financial statements

Our service will be tailored to meet your individual needs, but typically we will draft your statutory financial statements, including performing a thorough review of the transactions and balances to ensure they are accounted for in accordance with IFRS or GAAP.

We will keep in touch with you during the year to ensure you have the necessary year end information.

We will ascertain the most appropriate accounting treatment for unusual or complex transactions.

On the occasion of the adoption of an accounting policy or on the conduct of a specific accounting transaction

Director - Accountancy Firm Watford, UK

We were turning new clients away due to workload and resource issues. Since outsourcing Accounts Preparation and Bookkeeping to Fin-eX, we are able to focus more on business development. The work approach of the team at Fin-eX which is dedicated to us is excellent

Partner - Accountancy Practice London, UK

We searched for “Outsourced accounting services the UK” and came to their website. We thought a lot before engaging Fin-eX last year. But after the initial transformation period, we have shifted our focus to the core areas of our business. Our growth this year is in double digits.

Owner - Accountancy Franchise UK

We have been growing our business through mergers and acquisition. Fin-eX has been a key part of this. Most of our work excluding Payroll is outsourced to them. They have a dedicated team in place and the communication protocols are followed very efficiently.

Accountancy Firm Central London, UK

The Team at Fin-eX is available 24/7. Even when we have strict deadlines, I am able to count on them. Managers are very responsive and the communication and follow up is excellent.

Director - Bookkeeping and VAT Central London, UK

Due to cost-cutting measures enforced by our head office, we had to find ways to get the work done without losing efficiency. We approached Fin-eX, and initially started with bookkeeping and VAT. Their quality of work was very good, so good that I referred them to my colleagues in other departments. They have started supporting us in accountancy and tax processing as well. So far, we are very satisfied and hats off to their team.

Owner - Boutique Accounting firm Branches in UK & Canada

When we took the free trial – we were a bit sceptical about the whole outsourcing process. There were some initial hic-ups as I am very particular about providing high-quality services to my clients. Their senior managers were in constant communication with me almost 24/7. I was able to streamline the whole process and now am very pleased with their service.