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Achieving audit-readiness and improving reporting
Helping clients get ready for the year-end audit while also improving reporting timelines and upskilling teams.
Fast facts
£350 million
130 acquisitions over two years
Driving expansion across five countries in Europe
The challenge
A private equity house had bought and rapidly scaled a healthcare group without changing the supporting finance and operational infrastructure. This made it difficult for the business to prepare for its upcoming audit.
The solution
We built a flexible team across multiple workstreams to help get the business audit-ready and improve the month-end reporting timetable for preparation of management information. Our team supported the roll-out of a new reporting tool, integrated a number of acquisitions into the business, and cleared a significant volume of backlog items.
The result
We delivered valuable improvements to data accuracy and implemented a remediation plan enhancing financial operational processes. By embedding our own resources into the company's finance team we upskilled them and improved overall cohesion by role-modelling best practice and adaptability. The business was able to prepare clear, relevant management information by working-day five, right size their finance function, and achieve a successful unqualified audit.
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