Financial reporting is more than producing a balance sheet — it is about presenting your business's financial position in a way that satisfies auditors, banks, regulators, and shareholders, in full compliance with IFRS or IFRS for SMEs. Our financial reporting advisory service helps businesses design reporting frameworks, prepare year-end financial statements, and navigate technical accounting issues such as revenue recognition, lease accounting, related-party disclosures, and consolidation.
We work closely with your internal finance team (or act as your finance function) to ensure that every reporting cycle is accurate, well-documented, and ready for external scrutiny — whether that scrutiny comes from an auditor, a bank, or the FTA.
Reviewed content standard: Way Forward should verify service scope, credentials, dates, and regulator references before publication.
What Way Forward handles
- Preparation of IFRS-compliant financial statements
- Technical accounting advisory (revenue recognition, leases, financial instruments, impairment)
- Group consolidation and related-party disclosure support
- Financial statement review prior to audit or bank submission
- Reporting templates and month-end/year-end close support
Who needs this service
- Group companies with multiple entities requiring consolidation
- Businesses preparing financial statements for bank facilities or investors
- Companies transitioning from cash-basis to accrual-based IFRS reporting
Helpful next steps
- Prepare recent financial records, authority notices, deadlines, and company documents.
- Ask for a written scope covering deliverables, assumptions, exclusions, and timeline.
- Confirm the qualified reviewer for regulatory tax, VAT, audit, or AML guidance.
Ensure your next set of financial statements is audit-ready — speak with our reporting advisory team.
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