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  • Statutory financial reporting

    Bridging the GAAP – ensuring timely and quality local statutory financial statement reporting

Expert support to meet your needs

BDO has invested in the latest tools to help clients prepare financial statements, whether they choose to report under local GAAP or International Financial Reporting Standards. Our local teams have the local knowledge, experience and quality to support you in this complex and changing environment.

Dedicated teams based in our centres of excellence are focused on ensuring you meet your financial reporting requirements with the following services:

Financial statement preparation

Delivery of statutory financial statements for single entities or consolidated groups by local accounting experts.   

We are experts in the production of statutory financial statements prepared in accordance with IFRS, US GAAP and other local GAAP.

Migration and translation

Ensuring accurate migration or translation between GAAPs - This could be an annual year end process for translating from GAAP used for internal financial reporting purposes and local GAAP for statutory reporting purposes; or the transition to new accounting standards under new accounting regimes as applicable.

Consolidation

Preparation of the consolidated results of your business from subsidiary company information to support preparation of statutory financial statements.

Audit liaison

A tailored approach for your needs, from simply answering queries relating directly to our statutory financial preparation work, to being an integral part of your relationship with your auditors.

iXBRL

Converting your statutory financial statements into InLine eXtensible Business Reporting Language (iXBRL) format for submission to HMRC in close collaboration with our iXBRL team.