Fast clean-up for a real estate company

The accounting books of the Client were in a mess, account balances were unreconciled and they were also late with tax return filings. We were asked for immediate support as they were preparing the Company for sale.

Fast clean-up for a real estate company

Project details

20-12-2015
Special Services
Real Estate
fast clean-up, statutory compliance

Description

Fast clean-up of accounting books 3 years back including re-filing of corporate tax returns and statutory financial statements.

 

Methodology

  • Take-over of accounting books from client previous accountants
  • Limited due diligence of accounting books
  • Specification of time and fee required to complete clean-up
  • Analysis of accounting books, identification of gaps
  • Explanation of gaps including tax risks and costs to client and specification of document and information requirements
  • Write-offs based on client information and own judgement
  • Compiling statutory financial statements and tax returns
  • Filing of overdue tax returns and financial statements
  • Preparation of data file for due diligence of potential buyers

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