Compare annual accounts providers

Service category

What Annual accounts means in European practice, how it is packaged by providers in the markets covered here, and what a buyer should listen for when it is described. Written as a guide to the vocabulary as much as to the service.

• Whether the fee includes preparation of the notes and any management report, or only the primary statements.
• Whether the provider files with the register on the client's behalf and handles rejection notices.
• How the annual closing relates to the monthly bookkeeping, and whether both are with the same team.
• Whether consolidation for a group is in scope, and at what level.
• How the provider deals with adjustments proposed by an auditor or by a group reporting team.
• The agreed timetable against the statutory filing deadline.

• ScopeDoes the fee cover the full statutory set, including the notes and any management report?
• FilingDo you file electronically with the register, and who handles any rejection?
• DeadlineWhat is your internal deadline relative to the statutory filing date?
• ApprovalHow do you prepare the accounts for board or shareholder approval?
• AuditHow do you interface with the auditor if one is appointed?
• GroupCan you produce the reporting package a foreign parent requires?

• Fixed annual fee depending on company size and complexity.
• Included in a monthly accounting package, billed as a year-end element.
• Per-entity fee for each company in a group, with consolidation charged separately.
• Time-based billing where several standards or currencies are involved.
• Fixed fee plus a surcharge per additional reporting requirement.

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