Know what the numbers mean.

Reports for different decisions.

• Management accounts with an agreed monthly or quarterly reporting cycle.
• Profit and loss, balance sheet and supporting schedules.
• Budget comparisons and explanations of significant movements.
• Cash flow and working capital reporting.
• Annual financial statements compilation, subject to an agreed scope.

Good reporting starts before the report.

A report is only as dependable as the records behind it. We review the available trial balance and reconciliations, identify information gaps and agree any clean-up work separately. The reporting framework and purpose of the financial statements are established at the outset.

Compilation and assurance.

Preparing or compiling financial statements does not, by itself, provide audit assurance. Journalled does not advertise statutory audit as a service. If a lender or another party asks for an audit or independent review, tell us before accepting a compilation engagement so the required work can be clarified.

Start with an agreed scope.

Tell us how your business operates, which accounting system you use and what needs attention. We assess the records, agree the deliverables and quote before work begins. Fees depend on transaction volume, complexity and the condition of the records.

Understand the monthly pack.