Problem Solving
Clients sometimes experience problems within the accounting function which require either specialist expertise or short term accounting resources.
Typical problems include:
- Unreconciled sales & bought ledgers
- Mispostings to general ledger
- Unreliable accounting information
- Misstatement of earnings
- Inaccurate stock & WIP records
- Systemic errors of principle – e.g. recording of income on long term contracts
- Posting errors
Accounting problems of this type arise for a variety of reasons including inadequate or untrained resource within the accounting function, a failure of the accounting function to keep pace with company growth and errors that have been allowed to creep into records over a period of time and possibly driven by staff turnover and overuse of temporary workers.
Although temporary support can be obtained from more traditional sources clients often require a service that does more than just provide temporary workers. We recognise that clients want to be able to depend on a quality controlled service that is provided by professionals who are subject to a strict quality working standard.
We meet with you to better understand and scope the problem that needs to be addressed. We then work as consultants to your business on a hands on basis to solve these problems and deliver clean and accurate accounting information.
This professional, consulting led approach means that a partner level professional will both lead the team and be responsible to you for timely and accurate completion of work.
We will develop and agree with you a plan of action and provide a fixed cost to meet your needs.
We work to tight deadlines encompassed within our project plan and deliver to agreed milestones. Reliance on a professional interim service will ensure that accounting problems are addressed but can also ensure that processes and procedures are improved so that problems do not recur.