At SA Accountancy, financial reporting is the preparation of accurate, standards-compliant financial statements — balance sheet, income statement, cash flow statement, and supporting notes — under IFRS or GAAP, giving stakeholders like investors, lenders, and boards the information they need to make decisions.
Who Financial Reporting is for
Businesses needing investor or lender-ready statements
You need financial statements that meet the scrutiny of a bank, investor, or board, not just internal management accounts.
Companies transitioning to IFRS or GAAP compliance
You're scaling, going through due diligence, or entering a new jurisdiction and need standards-compliant reporting.
Management teams needing real decision-making data
You need monthly management accounts and dashboards that go beyond raw bookkeeping output.
What's included
✓
Balance Sheet & Statement of Financial Position
✓
Profit & Loss and Cash Flow Statements
✓
Statement of Changes in Equity
✓
Notes to Financial Statements
✓
Management accounts and dashboards
How our Financial Reporting process works
1
Data Consolidation
We gather and reconcile financial data from your bookkeeping records, subsidiaries, or multiple entities into one clean data set.
2
Statement Preparation
We prepare the full set of financial statements — balance sheet, P&L, cash flow, equity changes — under the applicable standard.
3
Notes & Narrative
We draft the supporting notes and management narrative stakeholders need to interpret the numbers correctly, not just the raw figures.
4
Review & Delivery
We walk through the finished statements with you before delivery, so you can explain them confidently to your board or lenders.
Frequently asked questions about Financial Reporting
IFRS is used internationally by most countries outside the US; US GAAP is required for US-domiciled entities and US securities filings. Which one applies depends on your entity's jurisdiction and any investor or lender requirements — we'll confirm the right standard for your situation.
Annually at minimum for statutory purposes, but most growing businesses benefit from monthly or quarterly management accounts to support real-time decision-making, not just year-end compliance.
Yes — multi-entity and multi-currency consolidation is a core part of this service, including intercompany eliminations and currency translation.
No — financial reporting is the preparation of the statements themselves; an audit is an independent examination of those statements by a separate party. We provide both services, but they're distinct engagements, and for larger or regulated entities, the same firm typically shouldn't do both to preserve independence.
Financial reporting follows a formal standard (IFRS or GAAP) for external stakeholders — investors, lenders, regulators. Management reporting is internal, more flexible, and built around whatever metrics actually help you run the business day to day. Most growing companies need both, on different schedules.
Yes — a standards conversion affects more than the statements themselves, touching systems, tax reporting, and internal KPIs, so we scope it as a proper transition project rather than a one-off restatement.
Yes — lenders and investors often have their own covenant definitions or reporting templates on top of standard financial statements, and we build reporting that satisfies both the accounting standard and the specific counterparty's requirements.
At minimum a balance sheet, income statement, and cash flow statement with supporting notes — investors and lenders will also often want trailing management accounts and forward projections alongside the historical statements.
What clients say
“
★★★★★
Financial Reporting
“Delivered high-quality financial reporting on time, with clear communication throughout and barely any need for direction along the way.”
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