Preparing your year-end accounts
Organised records and clear responsibilities help you plan year-end work. This practical guide outlines what to prepare before the discussion with your accountant.
Establish a shared starting point
Clarify which documents have been processed and which accounts have been reconciled. List missing entries and outstanding questions so the remaining preparation work is visible.
Gather the relevant documents
- Available accounting reports and account information
- Missing invoices, supporting documents and bank statements
- Details of outstanding receivables and liabilities
- Information about assets, inventories and unusual transactions where relevant
- Payroll documents and other records needed for the accounts
Explain significant changes
Tell your contact about new financing, major purchases or organisational changes. Explain the circumstances and gather the associated records.
Agree deadlines and responsibilities
Decide who will obtain missing information and respond to questions. Agree when you need particular reports. The detailed document list should be adapted to your business.
Let’s discuss your next step
Tell us about your situation, the support you need and your preferred timing. We will agree the scope and next steps with you.