The current standard IAS 17 differentiates leases between finance and operating dependent on certain characteristics. The new standard IFRS 16 will come into effect for periods commencing after 1st January 2019. Leases will no longer be distinguished between finance and operating. Read on to understand...
Though business owners traditionally regard the annual audit and preparation of annual accounts as a cost centre – a necessary evil that adds no value to the business – we strive to transform it into a profit centre.
Besides helping you meet the statutory requirements, we will also
- review your financial and management systems
- identify potential problem areas
- recommend opportunities to improve your business performance
- help you implement any agreed solutions
We see the preparation of your annual report as an opportunity to enhance your external image. A well-prepared report can have a considerable positive impact on the perceptions of investors, potential finance sources, customers, prospects, referral sources, and even your own staff – all of which greatly improves your business prospects for the future.
Contact us to discuss how we can help.