Key Accounting Documents (with Images): A practical visual guide to reading, understanding, and using the most common accounting documents—highlighting key figures and the correct accounting treatment for effective financial management.
Key Accounting Insights for Chief Accountants: A practical Excel file containing 99 advanced insights and lessons learned to avoid common errors and improve the accuracy and efficiency of accounting operations and financial reporting.
CIT Calculation: Bridges accounting profit to taxable base using permanent/temporary differences and non-deductible items with references. Delivers an audit-ready corporate income tax computation for annual filing.
Monthly Close File (Close Pack): Consolidates adjustments, reconciliations, journal memos, and evidence links into a standardized close pack for each period. Delivers a handover-ready package for management review and auditor inspection.
COGS Reconciliation: Ties sales to purchases, inventory and returns using the inventory equation (opening/closing) to validate gross margin. Delivers a COGS variance report with explanations for CFO review before approving monthly statements.
Deferred Tax Template: Tracks temporary differences and calculates DTA/DTL with rollforwards and linkage to P&L/OCI. Delivers an auditable deferred tax schedule for IFRS reporting teams.
End-of-Service Provision (EOSB): Calculates EOSB liability and manages annual movements (Opening/Accrual/Utilization) with accounting journals and direct financial statement impact. Delivers rollforwards and adjustment memos ready for annual close by payroll and finance teams.
Simple Excel Financial Statements Tool helps companies prepare internal financial statements quickly and easily. Paste the trial balance and generate automatically updated statements, with editable classifications and a guidance file to ensure accuracy.
Journal Entry Correction Template: Documents reversals/reclasses with root cause, links original entries to corrections, and enforces a clear approval workflow. Delivers an approved corrections register suitable for audit files when close errors are discovered.
Journal Entry Tracker: Logs JE number, rationale, review/approval status, attachment completeness, and linkage to the close period. Delivers a delivery-ready JE list within the Close Pack for accounting and audit teams.
Payroll Adjustments Register: Documents retro adjustments, deductions, allowances, and employee advances with justification, approval, and linkage to GL entries. Delivers a controlled adjustments log and clear settlement journals before close.
Recurring Expenses Accrual: Recognizes rent, utilities, and subscriptions monthly via accruals with reversing entries and settlement upon invoice receipt. Delivers movement schedules and close journals to stabilize period expenses.
Chart of Accounts Template (Excel): A professionally structured and flexible CoA aligned with IAS/IFRS, including clear guidance and practical use cases for each account. Enables accurate posting, reliable financial statements, and KPI-driven performance analysis.
Income Tax Provision (Current/Deferred): Summarizes current and deferred tax and links to journals (tax expense, tax payable, deferred tax) with movement schedules. Delivers a tax close file and a disclosure-ready note for annual reporting.
Leave Provision: Converts leave day balances into a monetary liability with annual movement tracking and accrual journals, linked to daily cost rates. Delivers rollforwards and close memos for HR and finance teams at year-end and periodic close.
VAT Reconciliation: Links the GL to sales/purchase invoice registers and VAT return references with a variance table, root causes, and correction actions. Delivers a reconciliation file ready before VAT filing for monthly/quarterly compliance.
