Specific ad hoc questions | KPMG | UK

Specific ad hoc questions

Specific ad hoc questions

We can assist with any ad-hoc accounting queries and work with you to reach the right accounting answers.

We can assist with any ad-hoc accounting queries.

Specific ad-hoc questions

Are you concerned about reaching the right accounting answer in an increasingly complex accounting environment? Perhaps you are looking for a sounding board – someone to call for informal advice?

Our team will help you reach the right accounting answer in the context of reporting objectives, commercial reality and regulatory requirements.

Your issues

  • Are you comfortable that your proposed disclosures in a Financial Reporting Review Panel focus area are sufficient?
  • You think you understand the accounting for a proposed lease agreement but how can you be sure the auditors won’t take a different view?
  • You have received a letter from HMRC challenging the accounting treatment adopted for a particular transaction – do you want a second opinion to support the view you have taken?
  • Are you sure that you have considered all of the accounting options available to account for a particular transaction and that the option selected presents the results in the most appropriate manner?

Examples of how we can help

Our team will:

  • Review proposed financial statement disclosures;
  • Meet with clients to discuss and clarify particular aspects of EU-IFRSs, act as a sounding board and challenge assumptions made;
  • Provide a telephone ‘hot-line’ service for ad hoc queries;
  • Assist in the preparation of an accounting policy paper in order to support client conclusions;
  • Provide an accounting opinion to support the accounting treatment for a particular transaction

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