We have more than 20 years of experience in financial reporting, including numerous corporate transactions and flotations and reporting cycles for major public companies.
We were pioneers in the implementation of IFRS in the UK.
We also have significant practical experience of applying complex accounting rules within the telecom industry.
Through our Big 4 training, and by applying complex accounting rules in numerous projects, we have accumulated significant technical accounting expertise in IFRS, UK and US GAAP.
This includes specialist expertise in complex areas such as IFRS 15 /ASC606 on Revenue Recognition and IFRS 16 / ASC842 on Leases.
We have sound knowledge of finance IT systems, enabling us to integrate our solutions into clients' existing systems, such as Oracle.
Our unique blend of practical experience and technical expertise means we can provide outstanding client service.
Our solutions are 100% tailored to the specific requirements of each client, fully aligned with their corporate culture and objectives.
As a niche, specialist consultancy we also offer a one-to-one personal service and complete service continuity.
We have added value on numerous complex projects over many years, including public company reporting, mergers and acquisitions, major carve-outs and new IFRS impmentations.
A summary of these projects can be downloaded here.
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We have applied these complex accounting standards to major companies in the telecoms sector. We do this by applying the 5 step revenue recognition model and working through the key drivers of revenue recognition, coming up with the optimal solution. We include non-financial staff at the "coal face" of the business in this process, so the process can be integrated fully within the business.
We have applied these challenging standards for large and complex organisations in the telecom sector, dealing with issues arising from the high volume of contracts qualifying as leases and the absence of full contractual documentation. The solutions we produced were audited by Bug 4 auditors, resulting in full compliance with the standards.
Telephone: 44 (0)7789 642457
E-mail: neil.ellis@ellis-fr.com
Address: The Elms East Brent TA9 4JE
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