Accounts: Annual Financial Statements

This template is designed to streamline your process for completing annual financial statements.

The template includes best practice automation to ensure clarity around:

• Which tasks are ready to be worked on (i.e. task status)
• What the status of work is at any time (so you can get real-time work dashboards)
• Who is responsible for the work and tasks
• The priority of work and tasks

The work goes through the following stages:

• Ready To Start
• Waiting for info
• Kick-off/ Setup
• Prep
• Review
• Assemble
• Waiting for client
• Advise
• Assemble
• Wait for signature
• Follow-up
• Completed

The roles involved in completing the work are: Accountant & Reviewer. The overall ownership of the work changes as the work progresses between the roles involved.

The start date for the work is the 1st day after the financial year end, the due date is 6 months later, and the initial work assignee is the accountant.