Services / FP&A & Controllership
Planning, control & financial reporting
Forward-looking financial planning and performance analysis, month-end close, and the controls, reporting and documentation that help management understand the financial position and performance of the business.
Forward-looking
Numbers that tell a story.
Budgets, forecasts and variance analysis turn accounting data into information management can act on — the direction of the business, not just its history.
Management Reporting & MIS
Accounting information becomes more useful when it helps management understand business performance. The practice can prepare periodic management reports tailored to the requirements of business owners and management teams. Reporting may include:
- Monthly P&L
- Balance Sheet
- Cash Flow Analysis
- Budget vs Actual
- Revenue Analysis
- Expense Analysis
- Gross Margin Analysis
- Operating Cost Analysis
- Working Capital Analysis
- Accounts Receivable Ageing
- Accounts Payable Analysis
- KPI Reporting
- Business Performance Dashboards
- Management Commentary
Reporting formats can be customised based on management requirements.
FP&A — Financial Planning & Analysis
Support management with forward-looking financial planning and performance analysis.
- Budgeting
- Preparation and coordination of annual or periodic operating budgets.
- Forecasting
- Development and updating of revenue, cost, profitability and cash-flow forecasts.
- Budget vs Actual Analysis
- Identification and analysis of significant differences between actual results and budgets or forecasts.
- Variance Analysis
- Analysis of revenue, cost, margin and other financial variances to understand the factors affecting business performance.
- Scenario Analysis
- Financial modelling of alternative business scenarios to support management decisions.
- Cash-Flow Forecasting
- Projection of expected cash inflows and outflows to support liquidity planning.
- Management Reporting
- Periodic financial analysis for business owners, management and other stakeholders.
Controllership Support
Businesses requiring stronger financial control and reporting processes can engage the practice for controllership support.
- Month-end close management
- Financial reporting
- General ledger review
- Balance sheet reconciliations
- Accrual and provision review
- Revenue accounting
- WIP analysis
- Unbilled revenue analysis
- Accounts receivable monitoring
- Intercompany accounting support
- Fixed asset accounting
- Financial control reviews
- Closing calendars
- Accounting process documentation
- SOP development
- Audit coordination
- Financial data review
Financial Statement Preparation
Preparation and review support for:
- Profit & Loss Account
- Balance Sheet
- Cash Flow Statement
- Trial Balance
- General Ledger
- Supporting schedules
- Management accounts
- Year-end financial information
The exact reporting framework and scope will depend on the entity and engagement requirements.
Audit & Year-End Support
Support businesses and their auditors during financial statement audits and year-end reviews.
- Preparation of audit schedules
- Balance sheet schedules
- Ledger reconciliations
- Supporting document coordination
- Audit query coordination
- Accounting data preparation
- Financial statement support
- Year-end closing
- Reconciliation of audit adjustments
- Documentation of accounting processes and controls
Internal Controls & Process Improvement
Finance processes should be designed to reduce errors and improve visibility.
- Review of accounting processes
- Identification of control gaps
- Financial process documentation
- Standard Operating Procedures
- Month-end close checklists
- Reconciliation frameworks
- Approval workflows
- Financial reporting processes
- Internal control documentation
- Process standardisation
- Finance process improvement
Get in touch
Discuss your finance requirements.
Share a brief description of your business and requirements. Scope, responsibilities, deliverables and timelines can then be discussed before any engagement begins.