The future of Statutory Financial Statement preparation

Delivering quality reporting is an increasing challenge for UK and Global Business. Emerging UK and global reporting requirements, increased regulatory and auditor scrutiny, wider stakeholder reporting demands and ever tighter reporting timescales all create a perfect storm for external reporting. Traditional approaches to Statutory Financial Statements need to evolve to meet these challenges.

Our new end-to-end Statutory Financial Statement solution brings increased control and efficiency through combining our accounting and reporting expertise with leading technology and operational delivery excellence.

Working with the Workiva platform helps revolutionise financial reporting, bringing everything together in one place, giving you one version of the truth and financial statements fully reconciled to your accounting systems. Our approach and knowledge, alongside Workiva, streamlines processes, enables collaboration and ensures consistency - all within a controlled, audit-ready cloud platform.

The unique combination of our practical and technical subject matter expertise in preparing statutory financial statements including Group to local GAAP reconciliation, proactively supporting the management of the audit process and strong processes, together with investment in continuous improvements, means we can improve existing operations for organisations and create value from the financial reporting process.

Whether it is co-sourcing or outsourcing you are after we make your organisation stronger in the long-term, so you achieve results that make the difference.

Delivery, the PwC way

Incorporating Workiva into our Connected Compliance solution transforms the way that we deliver financial reporting

Prepare

Using Workiva, we’ll extract, clean and reconcile your data to improve accuracy and efficiency, producing audit ready statutory financial statements and working papers in one controlled platform.

Automate

We’ll map your data directly into best practice compliance deliverables, providing a clear audit trail to manage your obligations.

Protect

We’ll help protect your reputation and manage risk through standardised processes and streamlined workflows, that we ensure are future proofed for regulatory changes.

Visibility

Workiva alongside our Engagement Center portal will give you real time visibility of the status of all your financial reporting deliverables at the click of a button.

Analyse

We’ll turn your data into meaningful insights to help guide decision making, demonstrate how compliance data delivers value and plays a strategic role in your business.

Collaboration

The tool enables real-time review and update of the financial statements removing the need for email, marked up PDF and creating a digital audit trail.