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Accounting Compliance

Is your accounting compliance fit for purpose in this digital age?

Is your accounting compliance fit for purpose in this digital age?

The presentation of financial data in today's digital age has never been more prevalent. With the growing demand for greater accountability and transparency, the shift towards digital, real time reporting is now business critical. With organisations facing ever-increasing volumes of data, pressure to drive efficiencies and streamline processes, there is an expectation to take advantage of constantly evolving technologies.

The future of Statutory Financial Statement preparation is here...

PwC are market leaders in delivering Statutory Financial Statements (SFS) to both UK and global companies. We have now created a new delivery model that transforms how businesses deliver SFS thoroughly enabling real time collaboration on a single data set using standardised processes and templates.

We have introduced new delivery processes and market leading technologies such as Workiva to offer a complete end-to-end Statutory Financial Statement preparation solution. Digitising your financial reporting...

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“Working with the Workiva platform allows us to revolutionise and differentiate financial reporting delivery, by combining leading edge technology with our in-house expertise, content and future-proofed processes.”

Jonathan Howe, Tax Compliance Market Leader, PwC United Kingdom

How can we help?

PwC's Accounting Services team help organisations to manage the complexity and risk of their accounting compliance obligations. By investing in technology and our people we can offer solutions to fit any need no matter how complex. We provide a range of services, enabling you to focus on your core business operations, including:

Preparation of annual statutory financial statements- Bespoke scenario

Suitable for entities that require greater levels of technical expertise and a bespoke and flexible approach in terms of data, processes and deliverables. Includes assistance with preparing the financial information required, including Company GAAP to UK GAAP conversions and disclosures from source documentation.  

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Preparation of annual statutory financial statements- Automated approach

Where standardisation of data and/or deliverables is achievable, we utilise PwC developed technologies to collaborate and automate processes to collect and validate data, creating a single set of compliance data from which the financial statements, and other compliance returns, such as corporate income tax, can be prepared in a highly automated and cost efficient way.

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Bookkeeping and management reporting

Utilising your data sources and our technology to deliver an increasingly automated bookkeeping and management reporting service, whilst our dedicated accounting compliance specialists provide valuable insights on business and accounting matters. Management accounts and other reports are customised for specific reporting needs.

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Accounting secondments

A flexible solution when a business has a temporary need for an additional resource to focus on delivering a specific accounting project. Our technically skilled and commercially minded people supplement your available resources with their practical experience of working with clients on a wide range of accounting projects, using a variety of accounting systems.

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Compliance insights

Leverage our experience and technical knowledge of compliance, both in the UK and multi-jurisdictional, to help clients understand their reporting requirements and implement a commercially appropriate approach to their local compliance, whilst mitigating the risk of non-compliance.

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Technology enabled approach

PwC's Accounting Services team provides clients access to dedicated accounting compliance specialists. Our people are not only technically skilled, but also have extensive practical and commercial know how, which extends to how multinationals meet compliance obligations across multiple jurisdictions.

Our three-phase approach 'Planning, Execution and Completion' increases the efficiency of the accounting and audit process by bringing standardisation and discipline and supports interaction with auditors. It is underpinned by strong, proactive, relationship based project management, supported by technology.

Our proposition is built around Compliance Data Solutions, a bespoke, online compliance tool which integrates with ERP systems and accounting and tax reporting software. The tool facilitates data collection; provides a centralised repository of data; utilises automation technology to reduce manual intervention and provides visibility and insight.


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Our standardised approach combined with employing automation where it makes sense, drives efficiencies and reduces cost.

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Quality and risk

Our specialist knowledge will deliver high quality outputs, valuable insights and mitigate risk.

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Innovative technology

Leverage our continued investment in technology to meet stakeholder expectations by maximising the use of technology and automation in the compliance process.

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Redeploy resources

Free up time to focus on core business matters, whilst remaining fully compliant in the UK.

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Visibility and insight

Increase control over the end to end compliance cycle to facilitate risk management and make the most of increasing amounts of data.

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Cost effective

Competitive fees, which are known up front and can be managed appropriately.

A single compliance solution

Strong accounting compliance form a strong foundation for other areas of compliance, such as corporate income tax. We recognise the synergies a single compliance solution provides to organisations, and offer a single compliance platform. This platform creates a single compliance data set and automates data sharing and workflows between you and our compliance specialists.

Want to find out more?

To find out more about what we do, see a demo showcasing the benefits of Compliance Data Solutions and explore the bespoke needs of your organisation, complete the form below and we’ll be in touch as soon as possible:

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Contact us

Jonathan Lloyd

Director, Accounting Services, PwC United Kingdom

Tel: +44 (0)7740 894815

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