Accounting Compliance and Reporting
Get it right and keep it right
Finance transformation on a global scale can pose new challenges and risks. Organizations must strike a balance by achieving the right control through risk mitigation, visibility and consistent quality, and the right efficiency across processes and systems, while creating the right value for the business at lower cost. Companies that get it right and keep it right are positioned to see their investments in global finance become truly transformational.
Accounting Compliance and Reporting services is focused on helping large, multinational companies meet their financial reporting requirements in the many countries where they do business. Companies across industries are engaged in finance transformation initiatives, marked by expansion into emerging markets, the deployment of Shared Services Centers and the continuous drive for efficiency and lower costs.
Managed centrally, our services link our competencies in finance and tax to support the full spectrum of compliance needs. Our suite of services include:
- Statutory reporting services (delivering statutory financial statements)
- A range of accounting support to assist the internal finance functions, including:
- Group-to-local GAAP conversion
- Post-general ledger "record" accounting, such as assistance with period close, trial balance compilation, reconciliations, and data gathering and analysis
- Group-to-local GAAP-to-tax conversion in coordination with
EY tax professionals
Our third annual review of FTSE 350 annual reports and accounts looks at how annual reports are evolving to meet investors’ changing needs and interests.
Finance teams face new challenges in accounting, tax and corporate governance as the demands of standard setters, regulators, tax authorities and stakeholders continue to evolve. View the live poll results.
The new Board Briefing by the Institute of Business Ethics, co-sponsored by EY and the Chartered Institute of Internal Auditors, sets out the role of internal audit in advising boards on whether a company is living up to its ethical values.
The PCBS has published recommendations for enhancing corporate transparency, governance and integrity. Firms should consider their whistleblowing framework’s effectiveness, and whether their culture encourages employees to raise concerns.
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The future of assurance viewpoints
Take a look at our thought leadership around the future of assurance following EU audit reform. Learn more
UK and Irish GAAP
The new financial reporting framework in the UK and Ireland is now a reality. Understanding the business and financial impacts of the change will help you resolve key issues ahead of adoption.