Technical Consultancy for Audit & Financial Reporting | Finexcell
Resolve complex audit & financial reporting issues with expert technical consultancy. Get
practical, authoritative advice on IFRS, UK GAAP, and ISAs from a seasoned practitioner.
The Challenge of Technical Complexity
Navigating the intricacies of auditing and financial reporting standards is a constant challenge for firms. Complex transactions, new standards, and regulatory scrutiny can create significant risks, including:
- Uncertainty in applying IFRS, UK GAAP, or ISAs to unique client situations.
- Audit Quality Risks from inconsistent application of methodology or insufficient evidence.
- Inefficiency as partners and managers spend excessive time researching solutions.
- Regulatory Exposure from non-compliant financial statements or audit files.
You don’t have to face these challenges alone. Our consultancy provides the clarity and confidence you need.
Our Technical Consultancy Services
We provide on-demand, expert guidance to help your firm navigate its toughest technical challenges.
Financial Reporting Advisory
Authoritative advice on the application of accounting standards to ensure compliant and robust financial statements.
- Implementation of New Standards: Guidance on IFRS 17 (Insurance), IFRS 9 (Financial Instruments), IFRS 16 (Leases).
- Complex Transaction Advice: Accounting for business combinations, revenue recognition issues, and financial instrument classification.
- Policy Document Review & Development: Helping you create or review client accounting policy notes that are clear, compliant, and tailored.
- Second-Opinion Services: An independent review of complex accounting treatments before finalising financial statements.
Audit Quality & Methodology Support
Practical solutions to enhance your audit methodology, working papers, and overall quality control.
- Technical Query Resolution: On-demand answers to complex audit queries related to ISA application.
- Working Paper Review: A focused, independent review of audit files for high-risk engagements to ensure compliance with ISAs and sufficiency of evidence.
- Methodology Development: Assisting in the development and updating of your firm’s audit manual and practical guidance tools.
- Quality Review Remediation: Providing support and training to address findings from internal or external quality monitoring reviews.
Our ISA Training Solutions
We offer flexible training options to suit your firm’s needs.
Online Training Modules
Flexible, self-paced learning for individual staff members to build their knowledge.
- Ideal for: Training new hires, covering specific CPD needs, or reinforcing knowledge.
- Format: Accessible 24/7 through our learning portal. Includes video lessons, quizzes, case studies, and downloadable resources.
- Topics: Available for key ISAs like ISA 240 (Fraud), ISA 315 (Risk Assessment), ISA 540 (Accounting Estimates), and ISA 700 (Audit Reports).
Bespoke In-House Training
Tailored, closed-door workshops designed specifically for your firm's clients, sectors, and common challenges.
- Ideal for: Firms needing consistent training across teams or addressing specific quality review findings.
- Format: Delivered at your offices or online via Zoom/Teams.
- Includes: Pre-course consultation to identify key areas, custom case studies based on your clients, and practical take-home toolkits.