Outsourced
Services
Your Lenders, Investors, and Board Will Actually Trust
GAAP and IFRS compliant financial statements, management accounts, and board packs —
prepared by a CPA-qualified team and delivered by business day 10, every month,
worldwide.
Global Accounts Partner prepares outsourced financial reporting services for businesses
across the USA, Canada, the UK, Australia, and beyond. Every month, your dedicated
reporting team produces financial statements that meet the exact standard your lender,
investor, or tax authority requires — reviewed by a CPA-qualified specialist before
delivery, formatted the way your board or CPA actually needs them, and delivered without
the scramble that comes from relying on one overloaded person.
Your Financial Reports Have Six Audiences. Are You Serving All of Them?
Most businesses think of financial reporting as something they do once a year for their accountant. In reality, your financial statements are read — and judged — by six distinct groups. Understanding what each stakeholder needs is what separates a service that merely prepares statements from one that actually protects your relationships and funding.
| Who Needs Your Reports | What They Specifically Want | What Happens If It's Wrong | What GAP Prepares |
|---|---|---|---|
| Bank / Lender | 2–3 years P&L, balance sheet, cash flow. Covenant ratios. Debt service coverage. | Loan denied or recalled. Covenant breach. Higher interest rate. | GAAP-aligned statements + ratio analysis ready for lender submission |
| Investor / VC / PE | Monthly board pack. MRR/ARR waterfall. Gross margin by product. Burn rate. | Deal falls apart in diligence. Confidence in management lost. | Investor-grade monthly packs formatted to what your investors actually read |
| Board of Directors | Narrative + financials. Budget vs. actual. KPI dashboard. Risks flagged. | Decisions made without full picture. Governance failure. | Monthly board pack with management commentary and variance analysis |
| Your CPA / Tax Adviser | GAAP or IFRS P&L, balance sheet, and cash flow. Clean, reconciled, on time. | CPA charges extra to reformat. Tax filing is late or wrong. | CPA-ready statements in correct standard, delivered before their deadline |
| Own Management Team | Real-time visibility on margin, cash, pipeline. Department-level P&L. | Decisions made on gut, not data. Underperforming products hidden. | Management accounts with KPI dashboard tailored to how you run the business |
| Tax Authorities | Compliant financial statements. Correct treatment of revenue, expenses, assets. | Penalties, audits, back-tax assessments, reputational damage. | Jurisdiction-specific statements — US GAAP, IFRS, ASPE, FRS 102 as applicable |
What Lenders Need From Your Financial Statements
When a bank or lender reviews your financials, they are not looking at your business with an
optimist's eye — they are looking for reasons to say no, or to price risk into your rate.
They need two to three years of profit and loss, a current balance sheet with reconciled
accounts, a cash flow statement, and specific ratio calculations: debt service coverage
ratio, current ratio, and net profit margin. Reports that are late, inconsistently
formatted, or not in a recognised accounting standard (US GAAP for US businesses, IFRS or
local GAAP for international) signal that management does not have control of its finances.
That costs you either the loan or a higher interest rate.
We prepare lender-ready financial statements in the exact format your bank or lender needs,
with ratio calculations pre-prepared so your relationship manager does not have to calculate
them manually.
What Investors and Boards Need From Your Reports
Investors — whether angel, VC, PE, or strategic — have a different requirement from lenders.
They want to understand growth trajectory, margin quality, and burn rate. A VC-backed
company that sends raw QuickBooks exports as its 'monthly reporting' loses investor
confidence fast. What investors actually read is a monthly board pack: P&L with prior period
comparison, cash flow statement, MRR/ARR waterfall (for SaaS), gross margin by segment, burn
rate, and 2–3 sentences of management commentary explaining the numbers.
We prepare investor-grade board packs formatted to what your investors actually expect — not
a statutory template, but a pack your board can read in 15 minutes and your investor can use
to make a decision.
What Your CPA Needs to File Efficiently
Your CPA's job is tax strategy and compliance. When they receive financial statements that are not reconciled, use the wrong accounting standard, or require reclassification before they can be used, they charge you for the preparation work at CPA hourly rates — typically $200–$400 per hour. Every client whose books we manage reports that their CPA's annual fee decreases after switching to GAP, because the preparation work disappears. We deliver statements in the standard your CPA works in — US GAAP for US clients, IFRS or ASPE for international — with full working papers available on request.
Why Poor Financial Reporting Is Costing Your Business Right Now
Poor financial reporting does not announce itself. It shows up as a delayed loan, an investor who asks the same question four times, or a tax filing that costs more than it should.
What We Prepare: Every Report Your Business Needs, In the Right Format
We turn raw numbers into the business intelligence your stakeholders actually use. Every report is reviewed by a CPA-qualified team member before it leaves our desk.
Core Financial Statements
Fully reconciled statements presented under the applicable standard (US GAAP, IFRS, ASPE, or FRS 102).
- Profit & Loss Statement — Revenue, COGS, EBITDA, and net profit with prior period variance.
- Balance Sheet — Fully reconciled with every balance sheet account supported by a schedule.
- Cash Flow Statement — Operating, investing, and financing activities via indirect method.
- Statements of Equity — Required for IFRS-reporting entities, tracking movements in reserves.
Management Accounts & KPI Dashboards
Internal reporting built around how you actually run your business — not a statutory template.
- Margin Analysis — Gross margin by product line or service category.
- Budget Variance — Operating expense variance against monthly and annual budgets.
- Cash Runway — Headcount costs and burn rate tracking for leadership teams.
- Custom KPIs — Metrics specific to your model, delivered monthly for management.
Board Packs & Investor Reports
Premium board packs that combine your financials with concise management commentary.
- Management Commentary — What the numbers show and what decisions are needed.
- Investor Alignment — Packs aligned to the specific reporting cadence investors specify.
- SaaS Metrics — MRR/ARR waterfall, churn, NRR, and gross margin by tier.
- VC Template Ready — Standardized outputs for VC and PE-backed companies.
Consolidated Accounts
Stakeholder-ready consolidated views for business operating through multiple legal entities.
- Intercompany Elimination — Professional elimination of internal transactions.
- Policy Alignment — Ensuring consistent accounting policies across all entities.
- Group Reporting — Single group P&L, balance sheet, and cash flow statement.
- Multi-Standard — Available under US GAAP, IFRS, or ASPE jurisdictions.
Global Reporting Standards We Work To
The reporting standard that applies to your business depends on your country, ownership structure, and whether you have external stakeholders like lenders or public shareholders. We apply the correct standard for your geography — not a generic template that creates work for your CPA to fix.
| Standard | Jurisdiction | Who It Applies To | Key Rules Applied |
|---|---|---|---|
| US GAAP (FASB) | United States | All US businesses, especially those with lenders or investors | ASC 606 revenue, ASC 842 leases, LIFO/FIFO inventory |
| IFRS (IASB) | UK, Australia, Canada (public), EU | Publicly accountable entities and multinationals | IFRS 15 revenue, IFRS 16 leases, IAS 7 cash flow |
| ASPE (CPA Canada) | Canada | Private Canadian companies not publicly accountable | Simpler than IFRS; Section 3856 financial instruments |
| FRS 102 | United Kingdom | UK small and medium-sized entities post-Brexit | Reduced disclosure regime for qualifying small entities |
| Management Reporting | Any | Internal use — boards, management, investors | Tailored to your KPIs, not a statutory template |
We confirm the correct standard for your business at the start of the engagement and apply it consistently from month one. If your business operates across multiple jurisdictions, we apply jurisdiction-specific standards to each entity and produce a consolidated view in the parent entity's standard.
Deep Expertise Across Global Industries
Every industry has its own accounting nuances. Our team is trained in the specific financial workflows and compliance obligations for each sector.
Healthcare
Managing high transaction volumes and complex insurance reconciliations to ensure smooth, GAAP-compliant medical facility operations.
Media & Marketing
Thorough maintenance and updating of account books for agencies managing diverse spends on talent, equipment, and advertising.
E-Commerce
Regulated supply chain bookkeeping and real-time inventory reconciliation for time-bound global logistics and sales platforms.
Hospitality
Specialized accounting to manage seasonal fluctuations and multi-entity books for hotels, restaurants, and tourism businesses.
Legal Practice
Ensuring absolute compliance and trust account accuracy for law firms, regardless of scale or internal accounting qualifications.
Real Estate
Handling large transaction amounts, fluctuating time periods, and complex payable/receivable balances for developers and agencies.
How It Works: From Onboarding to Monthly Close
A clean, structured handover guarantees your month-end reporting is never delayed.
Free Consultation (30 min)
We review your current reporting setup, the standard that applies to your business, who reads your reports and what they need, and any specific gaps or failures in your current process. You receive a written scope and fixed monthly fee within 24 hours.
Secure Onboarding (48 hrs)
You connect your accounting software and provide access to your chart of accounts and historical reports. We identify the correct reporting standard, review consistency of historical statements, note any adjustments needed (accruals, reclassifications, opening balances), and assign your dedicated account manager. NDA signed before any data is exchanged.
Monthly Reporting Cycle
After month-end, your team prepares all reports in sequence: bookkeeping entries confirmed, accruals and prepayments posted, all accounts reconciled, statements prepared in the agreed format, CPA-level review completed, management commentary written. Nothing goes to you until it has passed our internal review.
Delivery by Business Day 10
You receive your complete reporting pack — core financial statements, management accounts, board pack or investor report if in scope, and any custom reports agreed at onboarding. In the format your CPA, investor, and management team need. Ready to use, not ready to reformat.
What Businesses Achieve With Us
| Client Profile | The Result |
|---|---|
|
SaaS & Tech
Funded Startup (USA)
|
"We raised our Series A six weeks after switching to GAP. Our lead investor said
our
monthly board packs were the most clearly formatted they had seen from a
seed-stage
company. We just forwarded what GAP sent us."
|
|
Multi-Entity
Group Business (UK)
|
"We have four entities across two jurisdictions. GAP produces consolidated IFRS
accounts every month and individual entity packs. Now our group reporting takes
us
an hour to review, not a week to assemble."
|
|
CPA Practice
Advisory Firm (Global)
|
"Thirty-one of our SMB clients receive monthly statements prepared by GAP under
our white-label arrangement. Every pack arrives by the 10th. Our review time
dropped by 65%. We took on 18 additional advisory clients."
|
Frequently Asked Questions
1. What financial reports do businesses actually need every month?
Every business requires three core financial statements each month: the profit and loss statement (what you earned and spent), the balance sheet (what you own and owe at month-end), and the cash flow statement (where cash came from and went). Beyond these, most businesses also need management accounts — an internal reporting pack that includes budget vs. actual performance, key metrics, and variance analysis. Businesses with investors or a board typically require a board pack or investor report. The format of each report depends on the applicable accounting standard (US GAAP, IFRS, ASPE, or FRS 102) and the intended audience.
2. What is the difference between management accounts and statutory financial statements?
Statutory financial statements are prepared according to specific accounting standards (such as US GAAP or IFRS) and are used for external purposes — including lenders, tax authorities, investors, and regulatory filings. They follow defined formats and disclosures. Management accounts, on the other hand, are prepared for internal use by your leadership team, board, or investors and can be customized for better decision-making. These typically include budget vs. actual comparisons, KPI dashboards, narrative commentary, and business-specific metrics. Both types are prepared monthly by Global Accounts Partner as part of a standard reporting engagement.
3. What does 'GAAP-compliant' mean and why does it matter for my business?
GAAP (Generally Accepted Accounting Principles) is the accounting standard required for financial statements prepared by US businesses. GAAP compliance ensures your financial statements follow FASB rules for revenue recognition (ASC 606), lease accounting (ASC 842), and financial statement presentation. This is important because lenders require GAAP-compliant statements for loan approvals, investors and acquirers rely on GAAP financials for valuation and due diligence, and your CPA needs GAAP-aligned records for accurate tax preparation. Outside the US, equivalent standards include IFRS, ASPE (Canada), and FRS 102 (UK).
4. How quickly can you produce financial reports after month-end?
For businesses with up-to-date and well-maintained books, we deliver a complete reporting package by business day 10 of the following month. This is a standard commitment, not a target. If bookkeeping is delayed or requires cleanup, we resolve the backlog during onboarding before starting the regular monthly cycle. If your business has specific deadlines — such as board meetings or lender reporting dates — we establish a custom delivery schedule at the beginning of the engagement.
5. Can you prepare financial reports for businesses in multiple countries?
Yes. We prepare financial statements in accordance with US GAAP for US businesses, IFRS for UK, Australian, EU, and international entities, ASPE for private Canadian companies, and FRS 102 for UK SMEs. For multi-entity businesses across jurisdictions, we produce entity-level statements based on local standards and consolidated group financials using the parent entity’s reporting standard. Our team also handles multi-currency consolidation, intercompany eliminations, and translation adjustments.
6. What information do you need from us to prepare financial reports?
We work directly within your existing accounting software — such as QuickBooks Online, Xero, NetSuite, Sage, or Zoho Books — so no data export or reformatting is required. We connect to your live system, review your chart of accounts and opening balances, and generate reports directly from your transaction data. The only ongoing input required from you includes approval of month-end adjustments (if needed), clarification of unusual transactions, and access to external documents such as loan agreements, lease schedules, or cap tables that impact financial reporting.
Get Reports Your Stakeholders Will Trust
Stop sending messy exports to the board or your CPA. Let Global Accounts Partner take over your financial reporting process and guarantee professional formats every month.
Book Your Free Consultation →What You Get in 30 Minutes
- Stakeholder reporting assessment
- Written scope and fixed monthly fee (within 24 hrs)
- Onboarding roadmap (48–72 hours)
- Commitment for business day 10 delivery