As accounting specialists, Machon Accounting can assist local regulated businesses with the following services:
Accountancy and Bookkeeping
We can:
- Provide you with contact resources to assist your internal finance team
- Assist you with your client's accounts preparation if you become under-resourced
- Assist you with technical advice on the implication of The New Accounting Standard FRS102
Taxation
We can:
- Act as a tax consultant to provide detailed timely advice
- Act as your formal tax agent dealing with the Guernsey tax office on your behalf
- Act as your clients UK tax agent and complete their UK tax returns
- Provide guidance and assistance on taxation issues as you require
FRS 102 - The new accouting standard
All companies previously using UK GAAP have to implement the new Financial Reporting Standards with effect from 1 January 2015.
We can:
- Prepare revised template financial statements for you / your clients
- Assist with system changes for automated accounting systems
- Prepare reconciliations for your comparative years to explain the financial impact of your first year adoption
If you are interested in a free consultation to discuss matters further contact adrian@machonaccounting.com