Services

Accounting

Navigating through an ever-changing and complex environment

As our accounting environment grows ever more complex, the pressures it places on companies’ finance functions only increases.

Businesses and, in particular, those charged with governance, increasingly need high quality accounting advice, assurance, and an expert voice; advice and assurance that not only inspires confidence in areas of challenge and judgement, but which gives all management and stakeholders a clearer understanding of the challenges facing their business and acts in the public interest.

Learn more about our accounting
and reporting services

When might accounting services help?

Our accounting services can support your business with accounting opinions on technical matters all the way through to providing assurance on accounting for a merger or acquisition. The following areas are where we can support those charged with governance in technical accounting matters:

  • Companies need accounting providing comfort around technical accounting requirements related to specific activities or transactions, such as a merger or acquisition, a corporate restructure or refinancing exercise, or a cash extraction from the business, to help prepare in-house documentation and giving formal accounting opinions. This includes working in an expert capacity to provide an all-important accounting perspective on the transaction from the very start of the process. We also provide post-transaction support to help move from a transaction environment to a business-as-usual one, providing expert input into acquisition accounting, alignment of accounting policies, preparing the client’s finance team, from supporting the finance function, post the transaction being completed.
  • Companies may need to change their accounting policies, or need help with the implementation of new accounting standards, for example those on insurance contracts (IFRS 17), financial instruments (IFRS 9), revenue (IFRS 15) or leases (IFRS 16).
  • New accounting standards implementations: assurance services which address risks and improve reporting capabilities, as well as help you adopt and maintain compliance with the new accounting requirements.
  • On call services: assurance services which assist you with addressing complex UK GAAP and IFRS accounting issues. Services are on an “on call” basis, making them flexible and scalable, and include accounting events, strategic transactions, new accounting standards compliance and financial reporting.
  • GAAP Conversion: assurance services that help businesses assess the impact of adopting new reporting frameworks (such as switching from FRS 102 to IFRS) on financial statements.
  • Managed services and sourcing: allowing you to supplement short and long-term finance talent resources within accounting teams, with Deloitte acting as a trusted advisor and third-party service provider for management.
  • Work with our clients to help optimise the IFRS presentation of capital mitigation trades and transactions.
  • Help our clients navigate the IFRS consequences of IBOR reform including implications for hedge accounting and asset or liability restructuring.
  • Provide advice on regulators' (UK, ESMA and SEC) hot topics in financial reporting.

You can also read our publications on accounting topics at www.iasplus.com

Key contacts

John Kent

John Kent

Partner

John leads global strategy and is dedicated to ensuring Deloitte delivers high quality and consistent accounting advice across the network of member firms. With 6 years of front office investment bank... More

Sarah Waddington

Sarah Waddington

Partner

Sarah Waddington heads up Deloitte’s Corporate Accounting Advisory team, a dedicated team of professionals with in-depth technical accounting knowledge and experience in applying that knowledge to com... More

David Halstead

David Halstead

Head of Technology, Media & Telecommunications UK

David Halstead leads the technology industry practice in the UK. He is an audit partner and has worked with many technology businesses from early stage to global scale. His experience includes IPOs, a... More

Adam Addis

Adam Addis

Partner

Adam is an audit partner with 13 years of experience auditing and advising insurers in the UK. He leads a specialist team that supports clients prepare for the impacts of accounting and regulatory cha... More

Richard Howe

Richard Howe

Partner

Richard is a partner in Deloitte’s Accounting Advisory group. He leads our M&A Transaction Assurance business, providing specialist accounting and controls related advice to funds, private equity hous... More

Manmeet Kalsi

Manmeet Kalsi

Partner

Manmeet is an Accounting Advisory and Corporate Assurance Partner. He leads the Midlands Assurance Hub and a team of 24 who provide a range of corporate assurance services to business across the regio... More