Service · 04
Outsourced year-end accounts production and tax computation schedules for accounting firms, prepared to your review standard.
Draft accounts, working papers, lead schedules and tax workings, with open points listed for your review on a date agreed in scope.
Year-end work is where a firm's margin lives and where its queue builds. Each set of accounts needs the same things: a reconciled trial balance, lead schedules that tie, disclosures that match the framework, and a tax computation that agrees to the accounts. Cadence prepares the file in your software, to your working-paper standard, on a date agreed at handover. Open points and missing records are listed for your reviewer rather than treated as complete.
We prepare. You review, sign and file. The file reaches you with a points schedule listing judgements and unresolved items: a missing invoice, a debtor to consider providing against, a lease to classify. Your reviewer works through the points and raises anything further; the turnaround for clearing them is agreed in the scope. We do not sign accounts, give an audit opinion, file with Companies House, the ATO, the MBR or the ROC, or advise on tax treatment. That is what keeps the responsible individual on every file yours.
| Stage | What happens | Typical timing |
|---|---|---|
| Handover | Records received; completeness checked; missing items listed; delivery date agreed | Day 0 to 1 |
| Bookkeeping close | Year's books finished or checked; bank and control accounts reconciled; trial balance signed off internally | Day 1 to 3 |
| Working papers | Lead schedules, reconciliations, accruals and prepayments, fixed assets, analytical review | Day 3 to 5 |
| Accounts and tax | Financial statements drafted in your software; disclosures checked; tax computation schedules prepared | Day 5 to 7 |
| Second review and handover | File reviewed inside Cadence; points schedule finalised; file handed to your reviewer | Day 7 to 8 |
| Your review | Points cleared to the agreed schedule; you sign and file | Day 8 onwards |
This is an illustrative sequence for a straightforward small company with complete records, not a guaranteed turnaround. Each engagement gets its own dates in the written scope.
This is a hypothetical planning example, not a Cadence client result. A UK firm with forty-two 31 March year-ends and two seniors could scope twenty-five files for preparation in three batches, prioritised by its reviewers. Each batch would have an agreed date and a points schedule in the firm's software. The firm would measure review time and decide whether the arrangement leaves enough capacity for its January work. Filing outcomes and time savings depend on the records and the firm's own review.
Tools can include CCH Accounts Production, TaxCalc, IRIS, Xero, Sage, Caseware templates and Excel working papers. Agree the software, access method and permissions before work begins.
The proposal sets the fee, billing basis, file volume, record condition and any trial terms before work starts. Request a proposal to discuss your scope.
Questions about this service
FRS 102 Section 1A and FRS 105 for the UK; GAPSME and IFRS as adopted by the EU for Malta; Australian special-purpose and general-purpose financial statements; Schedule III for India. Where a firm uses its own disclosure checklist we work to that.
Yes, as schedules for your review: Corporation Tax and CT600 workings, Australian return workings, Maltese corporate tax computations, Indian ITR and tax audit schedules. We do not advise on treatment or sign anything.
The turnaround depends on the records, entity and review process. We agree a handover date for each file before work starts.
Yes, and that is the most common first engagement. Files are handed over in batches from September onwards, each scoped to a date, so the peak is cleared before it arrives.
Named logins on your accounts production software, your working-paper template and disclosure checklist if you have them, the prior year file, and the records for the first batch. Onboarding takes about a week.
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