Insights

A diagnosis of the current state of affairs is crucial. We do this by going through documentation of the previous accountant. Often, we can request the previous accountant to provide further details through the License body provider. 

Legacy issues and loss of data/processes, involving critical issues as a result of departure, change of accountants, exit of previous management teams or key personnel. The overriding objective is to restore all the missing information in order to facilitate the business as going concern. 

The often-painstaking work involves restoring of data, restating of statements, addressing outstanding HMRC claims and getting in contact with a wide group of stakeholders, both upstream and downstream.