United Kingdom

Specific ad hoc questions 

Are you concerned about reaching the right accounting answer in an increasingly complex accounting environment? Perhaps they are looking for a sounding board – someone to call for informal advice?

 

Our team will help you reach the right accounting answer in the context of reporting objectives, commercial reality and regulatory requirements.

Your issues

  • Are you comfortable that your proposed disclosures in a Financial Reporting Review Panel focus area are sufficient? 
  • You think you understand the accounting for a proposed lease agreement but how can you be sure the auditors won’t take a different view?  
  • You have received a letter from HMRC challenging the accounting treatment adopted for a particular transaction – do you want a second opinion to support the view you have taken?  
  • Are you sure that you have considered all of the accounting options available to account for a particular transaction and that the option selected presents the results in the most appropriate manner?  

Examples of how we can help

Our team will:

 

  • review proposed financial statement disclosures;
  • meet with clients to discuss and clarify particular aspects of EU-IFRSs, act as a sounding board and challenge assumptions made; 
  • provide a telephone ‘hot-line’ service for ad hoc queries; 
  • assist in the preparation of an accounting policy paper in order to support client conclusions;
  • provide an accounting opinion to support the accounting treatment for a particular transaction.

Contact

Nick Chandler

Nick Chandler

Partner

KPMG in the UK

 

020 7311 4443

nick.chandler@kpmg.co.uk

 

 Sarah Hughes

Sarah Hughes

Director

KPMG in the UK

 

020 7694 3212

sarah.hughes@kpmg.co.uk