With the beginning of reporting season looming, and in light of the uncertainty created by the COVID-19 pandemic, AMTIL corporate partner William Buck is relaunching its Financial Reporting Accounting and Advisory (FRAA) service.

While William Buck’s FRAA division has been operational for some time, it is significant to a wider range of businesses in the current environment given the regulatory changes, tax breaks, and widespread restructuring resulting from the global pandemic. FRAA advisors are available to assist CFOs and financial controllers to listed public, unlisted public and private companies on the proper implementation of Australian Accounting Standards (AASB) and the Australian equivalents to the International Financial Reporting Standards (IFRS).

FRAA will also assist with complex accounting matters such as impairment testing, business combinations and share-based payments. The service line can also assist with the preparation of general-purpose financial reports for public interest entities to allow CFO’s and financial controllers to concentrate on operational matters rather than annual compliance.

With 13 years’ experience and strong insights across a broad range of industries and markets, William Buck’s Director Alan Finnis leads the FRAA division. Finnis said the FRAA team assists companies to understand the ‘real-life’ implications of abstract standards and interpretations, and their practical applications.

“We remove uncertainty and ensure compliance,” said Finnis. “Ineffective financial reporting can be costly and have serious impacts on an organisation’s management and productivity.”

For more information on the FRAA service offering, please contact William Buck’s Melbourne office (03) 9824 8555 or visit: 

www.williambuck.com/service/financial-reporting-accounting-and-advisory