Expert support for accurate, compliant and insightful reporting

In today’s fast‑moving regulatory environment, organisations face increasing pressure to produce accurate, compliant and timely financial reports.

Our Financial reporting team (FRT) provides specialist accounting expertise designed to strengthen your reporting processes, enhance audit readiness and reduce risk.

Whether you need support with complex technical accounting, year‑end reporting, or ongoing financial compliance, our team delivers clarity, confidence and measurable value.

Kreston Reeves provides specialist VAT and duty tax advice and services in London, Kent and Sussex.

The benefits of our financial reporting services

Working with a dedicated Financial reporting team gives organisations a competitive advantage. By combining deep technical knowledge with real‑world commercial experience, our FRT helps you:

Reduce financial risk and strengthen compliance

Stay ahead of evolving accounting standards and regulatory expectations. Our specialists ensure your reporting is aligned with IFRS, UK GAAP and Companies Act requirements, helping you minimise compliance gaps and avoid costly errors.

Accelerate reporting timelines

With structured processes and expert-led reviews, we help organisations shorten year‑end cycles, freeing up internal teams and improving reporting accuracy.

Enhance audit confidence

We support clients with accounts preparation ahead of audit, technical position papers and reconciliations, ensuring a smoother, more efficient audit process with fewer queries and delays.

Scale efficiently with on‑demand expertise

Whether facing resource shortages, staff turnover, or ad‑hoc technical challenges, our flexible support model ensures you have access to the right expertise exactly when you need it.

Our financial reporting services

Below is a breakdown of the specialist services offered by our FRT, each designed to deliver efficiency, compliance and measurable business value.

  • Year‑end close support - Assisting with consolidation, journals, controls, and reporting to accelerate timelines.
  • Statutory accounts preparation - Creating fully compliant annual financial statements under IFRS or UK GAAP ahead of your audit.
  • Audit liaison - Preparing documentation, reconciliations and technical papers to streamline the audit process.
  • Technical accounting support - Providing expert guidance on complex accounting areas such as revenue recognition, leases, impairment, and financial instruments.
  • IFRS and UK GAAP conversion - Managing the end‑to‑end transition between accounting frameworks with clarity and precision.
  • Group consolidation support - Managing or reviewing complex multi-entity consolidation processes.
  • Ad‑Hoc accounting projects - Delivering targeted support for one-off issues, system changes, transactions or regulatory updates. For example, FRS102 amendments.

Get help with strengthening your financial reporting today

Accurate and compliant financial reporting is essential for stakeholder trust, strategic decision‑making and long‑term business success. Our Financial reporting team combines technical expertise with practical, hands‑on support to help you reduce risk, improve efficiency and gain complete confidence in your financial information.

If you’d like to discuss how our FRT can support your organisation, streamline your reporting processes or provide specialist technical expertise, get in touch with us today. We’re ready to help you build stronger, smarter and more resilient financial reporting.

Kreston Reeves is a full-service accountancy firm and we support our clients across the full spectrum of their needs. Wherever you are in your commercial journey, our experts can provide help, guidance and advice to suit your individual requirements. From a personal perspective, we also offer dedicated services to help you with your own financial needs.

Please contact us today to discuss your own circumstances and we can bring in the relevant experts from our offices across London, Kent and Sussex to help you achieve your goals. You can find examples below of some of the related services we often provide to our tax dispute clients, but this isn’t an exhaustive list.

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Ready to get started with our FRT?

If you’re looking to enhance compliance, improve reporting accuracy or access expert technical accounting support, our Financial Reporting Team is ready to help. Contact us today to discuss your needs and learn how we can deliver practical, dependable and high‑quality financial reporting support tailored to your organisation.

Contact us

Leading our financial reporting team

We have offices throughout London, Kent and Sussex with people from across all of our service and sector delivery teams. Where ever you are located, our experts will be able to help provide the services you need. Don't forget to subscribe to our newsletter below to stay up to date with all of our latest news and insights. You can also follow us on social media using the links below.

Frequently asked questions about our financial reporting team services

Below are some of the most frequently asked questions about our financial reporting team services.

Organisations of all sizes, ranging from SMEs and private equity-backed businesses to complex international groups, benefit from FRT support. It is especially helpful for companies undergoing audit, dealing with technical challenges, or preparing statutory accounts.

A Financial Reporting Team provides specialist support with preparing, reviewing and improving financial statements, ensuring compliance with accounting standards such as IFRS and UK GAAP. They help organisations reduce risk, strengthen audit readiness and improve the quality, accuracy and clarity of reporting.

Yes. Our team has extensive experience in both IFRS and UK GAAP frameworks. We can prepare compliant financial statements, support transitions between frameworks and provide technical guidance for complex areas such as revenue, leases, and financial instruments.

We help streamline year-end by supporting consolidations, preparing journals, reviewing controls, assisting with draft financial statements and ensuring all disclosures meet regulatory standards. This accelerates timelines and reduces pressure on internal teams.

Absolutely. We regularly assist with topics such as IFRS 15, IFRS 16, impairment assessments, share-based payments, business combinations and more. Our team can produce technical position papers, calculations and documentation for both internal and audit purposes.

Yes, as reporting frameworks are reviewed and updated, our team will be able to support you through these changes. This includes the lease and revenue recognition changes that come into effect for accounting period starting on or after 1 January 2026.

We provide audit‑ready working papers, reconciliations, technical analyses and financial statement drafts, helping to reduce audit queries and improve overall efficiency. We can also liaise directly with auditors to keep the process smooth and targeted.

Yes, collaboration is at the core of our approach. We can act as your extended team, handling key reporting tasks, providing technical insight or filling temporary capacity gaps, while keeping your internal finance function fully in control.

Definitely. Whether you need help with a new standard, system update, transaction, policy review or a specific regulatory requirement, our FRT can deliver focused, project‑based support tailored to your deadlines and objectives.

We understand that reporting and compliance pressures are often time‑sensitive. Our team can usually begin engagement quickly, depending on your requirements, reporting deadlines and resource needs.

Yes. We offer ongoing support, year‑end assistance, audit preparation services and fully bespoke solutions. You can scale up or down depending on workload, complexity and the level of expertise needed.

Typically, we’ll request access to your trial balance, prior-year statements, key accounting policies and any existing working papers. From there, we’ll tailor our scope and begin providing support right away.