Statutory Accounts & Corporation Tax Template

About this template

This template has been produced in partnership with Clarity. It provides a best practice template for annual accounts (financial statements and company tax filing).

The statuses in this template follow the standard Karbon statuses, but can be updated as appropriate. For example:

Template statuses:

• Kick-off / Setup
• Waiting for client
• Waiting
• Waiting for info
• Prep
• Waiting for client
• Prep
• Review
• Assemble
• Advise
• Wait for signature
• File
• Completed

Possible alternative statuses:

• Pre YE meet
• Pre YE meet complete
• Waiting for info
• Before call
• Waiting for info
• Initial prep
• During call
• Final prep
• Review
• Revise
• After call
• Post YE meet
• Wait for Signature
• File
• Completed

There are two roles in this work template: Accountant and Reviewer. The overall ownership of the work changes as the work progresses between the roles involved.

The template includes best practice automation to ensure it is clear:

• 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 start date for the work is 3 months prior to the client's year end. The initial work assignee is the Accountant.