International accounting
As you expand overseas, accurate financial information is key to measuring performance.
If you are in the early stages of expansion, it may not be economical to employ a full time accounting team, but you still need access to accurate, timely financial information to tell you how your international operations are performing.
Well-established businesses can also struggle. Head office teams need to focus on managing multiple local service providers (and accounting software) in different countries, and spend significant time dealing with the challenges of consistent reporting, managing time zones and language barriers.
PKF’s global reach over 150 countries means that we can provide the worldwide accounting support you need.
Our London team works with established multinational groups with worldwide operations and privately owned businesses venturing overseas for the first time. No matter how complex your needs, we will act as the primary point of contact for your international accounting operations.
A single central team
Working with our international offices, our London team will simplify the management of cross-border accounting and co-ordinate your finance function, wherever you operate.
You will receive a single management reporting pack and regular updates of impending compliance deadlines for all international entities, from a single central team, enabling you to focus on your operations.
Control and security
As you expand, control and security of information in different jurisdictions is key. Our online platform provides a single location for you to exchange commercial data and financial information for all the entities within your international group, accurately and on time.
One worldwide view
Preparing consolidated financial information from various local accounting software is one of the challenges that international businesses face. Factors such as different accounting software, accounting policies, currencies and time zones create challenges in integrating data to give you a clear picture of your worldwide financial results.
Our international accounting solution will give you a single view of your operations, locally and globally, so that you can keep control of performance. If you work with different, local accounting software solutions, we will advise on processes to integrate these into a simplified, consolidated accounting process that enables you to access your financial information anytime, worldwide.
