Hi,
I have been recommended this forum as good place to start so hello!
I am looking into a new accounting platform for International group accounting where we can report management accounts and bookkeep in the parent GAAP but also be able to produce locally compliant financial statements.
We currently do this by keeping local GAAP adjustments in a cost centre and then producing our management accounts excluding this cost centre. For the local requirements we send a tb to a local accountant but I am wanting to take it one step further and be able to produce their locally compliant statutory accounts. Any recommendations (or experiences of what to avoid!) would be greatly received!
Thanks
I have been recommended this forum as good place to start so hello!
I am looking into a new accounting platform for International group accounting where we can report management accounts and bookkeep in the parent GAAP but also be able to produce locally compliant financial statements.
We currently do this by keeping local GAAP adjustments in a cost centre and then producing our management accounts excluding this cost centre. For the local requirements we send a tb to a local accountant but I am wanting to take it one step further and be able to produce their locally compliant statutory accounts. Any recommendations (or experiences of what to avoid!) would be greatly received!
Thanks