Statutory accounts

Preparation of statutory accounts is bread and butter work for an accountancy practice which requires the technical knowledge to produce company accounts in accordance with the Companies Act and therefore with regard to Standard Statements of Accounting Practice, Financial Reporting Standards and pronouncements of the Urgent Issues Task Force. Within all these legislative requirements the personal judgment and skill of the accountant is required to produce accurate financial statements.

Preparation of statutory is bread and butter work of the accountancy practice which requires the technical knowledge to produce company accounts in accordance with the Companies Act and therefore with regard to Standard Statements of Accounting Practice, Financial Reporting Standards and pronouncements of the Urgent Issues Task Force. Within all these legislative requirements the personal judgment and skill of the accountant is required to produce accurate financial statements.