Accounting Services

    Comprehensive Accounting Services in the UK.

    At CBM Accounting, we provide comprehensive accounting services tailored to meet the diverse needs of businesses and individuals in the UK.

    Accounting &  Bookkeeping

    Our expert team offers a full range of services of accounting, bookkeeping & financial reporting, We leverage our deep understanding of  international standards to ensure your financial operations run smoothly and efficiently. Whether you’re navigating the complexities of the UK’s tax system, optimising your business strategy, or ensuring compliance with UK’s financial regulations, CBM Accounting is your trusted partner for all your accounting needs.

    CBM Accounting offers expert accounting services tailored for businesses in the UK.

    Accounting  services

    Accounting & Bookkeeping

    • Accurate recording of all daily financial transactions.
    • Precise management of sales and purchase ledgers.
    • Detailed bank and credit card reconciliations.
    • Efficient processing of invoices and payments.
    • Meticulous expense tracking and categorization.
    • Regular maintenance of accounts payable and receivable.
    • Preparation of timely and accurate financial reports.
    • VAT return preparation and submission.
    • Management of petty cash and employee expenses.
    • Customized bookkeeping solutions tailored to your business needs.
    • Use of modern accounting software for streamlined processes.
    • Secure storage and management of financial documents.
    • Regular financial data analysis and reporting.
    • Ensuring compliance with relevant financial regulations.
    • Provision of clear and understandable financial insights.
    • Accurate and timely invoicing to clients.
    • Precise processing of supplier invoices.
    • Tracking and monitoring of all outstanding invoices and payables.
    • Regular generation of aged receivables and payables reports.
    • Proactive follow-up on overdue payments.
    • Timely payment of supplier invoices to maintain good relationships.
    • Implementation of effective credit control procedures.
    • Management of customer and supplier payment terms and discounts.
    • Reconciliation of customer and supplier accounts.
    • Processing and recording of customer and supplier payments.
    • Minimizing bad debt and improving cash flow.
    • Ensuring compliance with payment deadlines.
    • Identifying and resolving discrepancies in invoices.
    • Optimizing cash flow through effective payables management.
    • Providing detailed reports on receivables and payables status.
    • Maintaining accurate records of all supplier payments.
    • Detailed recording of asset purchase date, cost, and location.
    • Unique asset identification and tagging.
    • Regular asset register audits for accuracy.
    • Accurate depreciation calculations using appropriate methods.
    • Tracking of accumulated depreciation and net book value.
    • Depreciation schedule generation for financial reporting.
    • Asset valuation and revaluation assistance.
    • Recording of asset value changes.
    • Asset disposal recording, including sale price and profit/loss.
    • Asset register updates for disposals.
    • Compliance with UK GAAP and accounting standards.
    • Information provision for insurance and tax purposes.
    • Preparation of accurate and compliant financial statements (Profit & Loss, Balance Sheet, Cash Flow).
    • Adherence to UK GAAP and IFRS standards.
    • Compilation of detailed supporting schedules and notes.
    • Thorough analysis and review of financial data.
    • Accurate calculation of accruals and prepayments.
    • Preparation of statements for statutory filing (Companies House).
    • Preparation of statements for internal management use.
    • Customized financial statements tailored to your business needs.
    • Detailed reporting on financial performance and position.
    • Clear and concise presentation of financial information.
    • Timely delivery of financial statements.
    • Assistance with understanding and interpreting financial reports.
    • Ensuring compliance with all relevant reporting requirements.
    • In-depth analysis of financial data to identify trends and patterns.
    • Preparation of comprehensive financial reports (e.g., profit and loss, balance sheet, cash flow).
    • Calculation and analysis of key performance indicators (KPIs).
    • Variance analysis to identify deviations from budgets and forecasts.
    • Ratio analysis to assess profitability, liquidity, and solvency.
    • Development of customized financial reports tailored to specific needs.
    • Financial forecasting and budgeting support.
    • Identification of areas for cost reduction and revenue enhancement.
    • Presentation of financial findings in a clear and concise manner.
    • Provision of actionable insights to support strategic decision-making.
    • Regular reporting on financial performance to stakeholders.
    • Benchmarking against industry standards.
    • Financial modeling and scenario planning.
    • Analysis of cash flow and working capital management.
    • Risk assessment and financial risk management.
    • Tailored accounting and bookkeeping services designed for startups.
    • Assistance with setting up accounting systems and processes.
    • Guidance on choosing and implementing suitable accounting software (Xero, QuickBooks, etc.).
    • Cash flow forecasting and management to ensure financial stability.
    • Budgeting and financial planning to support growth.
    • Preparation of financial statements for investors and stakeholders.
    • Tax planning and compliance to minimize tax liabilities.
    • Payroll processing and management.
    • Advice on funding options and financial strategy.
    • Support with financial due diligence for fundraising.
    • Scalable accounting solutions that grow with your business.
    • Clear and concise financial reporting for informed decision-making.
    • Guidance on understanding key financial metrics.
    • Support in navigating regulatory requirements.
    • Dedicated account manager providing personalized support.
    • Multi-currency accounting and reporting.
    • Compliance with international financial reporting standards (IFRS).
    • Assistance with cross-border tax planning and compliance.
    • Establishing and managing foreign subsidiaries’ accounting.
    • Consolidation of international financial statements.
    • Transfer pricing analysis and documentation.
    • VAT/GST compliance in multiple jurisdictions.
    • Guidance on international payroll and employee benefits.
    • Support for international business expansion.
    • Navigating varying regulatory environments.
    • Foreign exchange risk management.
    • Due diligence for international mergers and acquisitions.
    • Expertise in international tax treaties and agreements.
    • Provision of financial reporting in multiple languages.
    • Support with international banking and treasury management.
    • Seamless integration and setup of leading online accounting platforms.
    • Expert training and ongoing support for Xero, QuickBooks, and other cloud-based solutions.
    • Real-time financial reporting and analysis for informed decision-making.
    • Automation of key accounting tasks, saving you time and reducing errors.
    • Secure and accessible financial data from anywhere, at any time.
    • Implementation and optimization of Dext for streamlined document processing.
    • Automated extraction of data from invoices, receipts, and other financial documents.
    • Elimination of manual data entry and reduced risk of errors.
    • Secure online storage and easy retrieval of important financial documents.
    • Improved efficiency in expense management and record-keeping.
    • Personalized and proactive support from a dedicated account manager.
    • Single point of contact for all your accounting and financial queries.
    • Tailored advice and solutions to meet your specific business needs.
    • Regular reviews and updates to ensure your financial health.
    • Building a strong and long-term working relationship for your peace of mind.

    Management Accounting

    • Preparation of detailed management accounts for internal decision-making.
    • Budgeting and forecasting to project future financial performance.
    • Variance analysis to identify deviations from planned results.
    • Cost accounting and analysis to optimize operational efficiency.
    • Performance reporting and key performance indicator (KPI) tracking.
    • Profitability analysis by product, customer, or business segment.
    • Cash flow forecasting and management to ensure liquidity.
    • Financial modeling and scenario planning for strategic decision-making.
    • Development of customized management reports tailored to specific needs.
    • Analysis of operational data to identify areas for improvement.
    • Support in developing and implementing internal controls.
    • Investment appraisal and capital budgeting.
    • Strategic financial planning and analysis.
    • Provision of financial insights to support business growth.
    • Regular reviews and analysis of financial performance with management.
    • Preparation of tailored management reports.
    • Key performance indicator (KPI) tracking and analysis.
    • Variance analysis (actual vs. budget/forecast).
    • Profitability analysis by product, customer, or segment.
    • Cash flow forecasting and reporting.
    • Operational performance reporting.
    • Financial dashboards and visualizations.
    • Customized report design and delivery.
    • Regular reporting on financial and operational performance.
    • Analysis of trends and patterns for informed decision-making.
    • Performance benchmarking against industry standards.
    • Detailed commentary and insights on financial data.
    • Support in developing relevant reporting metrics.
    • Timely delivery of accurate management reports.
    • Presentation of findings to management teams.
    • Planning and execution of physical stock counts.
    • Implementation of accurate stocktaking procedures.
    • Reconciliation of physical stock counts with accounting records.
    • Identification and investigation of stock discrepancies.
    • Preparation of detailed stock count reports.
    • Analysis of stock variances and reporting on findings.
    • Regular stock count scheduling and management.
    • Reporting on stock valuation and inventory levels.
    • Generation of stock movement reports.
    • Reporting on slow-moving and obsolete stock.
    • Customized stock count and reporting solutions.
    • Integration of stock count data with accounting systems.
    • Provision of stock count audit trails.
    • Reporting on inventory accuracy and control.
    • Recommendations for improving stock control procedures.
    • Detailed analysis of direct and indirect costs.
    • Identification of cost drivers and cost behavior.
    • Break-even analysis.
    • Accurate allocation of overhead costs.
    • Implementation of activity-based costing (ABC).
    • Departmental cost allocation.
    • Development of standard costs for materials, labor, and overhead.
    • Variance analysis to identify deviations from standard costs.
    • Performance measurement and control.
    • Tracking and costing of individual jobs or projects.
    • Calculation of job profitability.
    • Project cost control.
    • Costing of products or services produced in a continuous process.
    • Calculation of equivalent units of production.
    • Costing of by-products and joint products.
    • Analysis of variable and fixed costs.
    • Calculation of contribution margin.
    • Decision-making support for pricing and production.
    • Identification of cost reduction opportunities.
    • Implementation of cost control measures.
    • Performance reporting and monitoring.
    • Development of cost budgets and forecasts.
    • Variance analysis and budget control.
    • Financial planning and analysis related to cost.
    • Preparation of cost reports for management.
    • Clear and concise presentation of cost data.
    • Customized cost reporting for specific needs.
    • Development of comprehensive annual budgets.
    • Creation of rolling forecasts for accurate financial projections.
    • Variance analysis to identify deviations from planned results.
    • Cash flow forecasting and management.
    • Sales forecasting and revenue projections.
    • Expense budgeting and cost control.
    • Financial modeling for scenario planning.
    • Budgeting for capital expenditures and investments.
    • Development of departmental or project-specific budgets.
    • Regular budget reviews and adjustments.
    • Performance monitoring against budget targets.
    • Forecasting for strategic planning and decision-making.
    • Integration of budgeting and forecasting with accounting systems.
    • Analysis of historical data to inform future projections.
    • Development of key performance. indicators (KPIs) for budget monitoring.
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    • Forecasting and projection of future cash flows.
    • Monitoring of daily, weekly, and monthly cash positions.
    • Analysis of cash flow patterns and trends.
    • Identification of potential cash flow shortages or surpluses.
    • Development of strategies to improve cash flow.
    • Management of accounts receivable and payable to optimize cash flow.
    • Implementation of cash flow control measures.
    • Preparation of cash flow statements and reports.
    • Optimization of working capital.
    • Short-term and long-term cash flow planning.
    • Strategies for managing seasonal cash flow fluctuations.
    • Analysis of the impact of business decisions on cash flow.
    • Implementation of cash flow management software and tools.
    • Regular reviews of cash flow performance.
    • Strategies to manage unexpected cash flow events.
    • In-depth analysis of financial data to identify trends and patterns.
    • Preparation of comprehensive financial reports (e.g., profit and loss, balance sheet, cash flow).
    • Calculation and analysis of key performance indicators (KPIs).
    • Variance analysis (actual vs. budget/forecast).
    • Ratio analysis to assess profitability, liquidity, and solvency.
    • Development of customized financial reports tailored to specific needs.
    • Financial forecasting and budgeting support.
    • Identification of areas for cost reduction and revenue enhancement.
    • Presentation of financial findings in a clear and concise manner.
    • Provision of actionable insights to support strategic decision-making.
    • Regular reporting on financial performance to stakeholders.
    • Benchmarking against industry standards.
    • Financial modeling and scenario planning.
    • Analysis of cash flow and working capital management.
    • Risk assessment and financial risk management.
    • Profitability analysis by product, customer, or business segment.
    • Analysis of operational data to identify areas for improvement.
    • Detailed commentary and insights on financial data.
    • Strategic business planning and development.
    • Financial forecasting and modeling.
    • Business performance analysis and improvement.
    • Operational efficiency reviews and optimization.
    • Market research and competitive analysis.
    • Business valuation and due diligence.
    • Mergers and acquisitions advisory.
    • Fundraising and investor relations support.
    • Business restructuring and turnaround strategies.
    • Risk management and mitigation.
    • Succession planning and business exit strategies.
    • Implementation of internal controls and compliance procedures.
    • Development of business plans and presentations.
    • Guidance on business growth and expansion.
    • Performance benchmarking and industry analysis.
    • Identification and assessment of financial risks (market, credit, liquidity, operational).
    • Development of risk management policies and procedures.
    • Implementation of risk mitigation strategies.
    • Monitoring and controlling financial risks.
    • Financial modeling and scenario analysis for risk assessment.
    • Analysis of market volatility and its impact on financial performance.
    • Credit risk assessment and management.
    • Liquidity risk management and cash flow forecasting.
    • Operational risk assessment and control.
    • Foreign exchange risk management.
    • Interest rate risk management.
    • Derivatives and hedging strategies.
    • Development of risk reporting and monitoring systems.
    • Compliance with financial regulations and risk management standards.
    • Regular reviews and updates of risk management frameworks.
    • Stress testing and scenario planning.
    • Development of contingency plans for financial emergencies.
    • Risk appetite and tolerance setting.
    • Implementation of internal controls to minimize financial risks.
    • Financial risk audit preparation and assistance.
    • Development of customized financial models.
    • Scenario analysis and sensitivity testing.
    • Forecasting and projection of financial performance.
    • Valuation modeling (DCF, multiples, etc.).
    • Budgeting and financial planning models.
    • Investment appraisal and capital budgeting models.
    • Mergers and acquisitions (M&A) modeling.
    • Fundraising and investor presentation models.
    • Financial risk assessment and modeling.
    • Operational and strategic planning models.
    • Integration of financial models with accounting systems.
    • Analysis of financial model outputs.
    • Development of financial dashboards and visualizations.
    • Customization of models for specific business needs.
    • Training and support for financial model usage.

    Payroll  Services

    • Precise calculation and deduction of National Insurance and income tax.
    • Ensures compliance with current tax legislation.
    • Reduces the risk of errors and penalties.
    • Secure online access for employees.
    • Instant access to payslips anytime, anywhere.
    • Reduces paper waste and administrative overhead.
    • Accurate generation and timely distribution.
    • Ensures compliance with HMRC reporting requirements.
    • Simplified end-of-year tax processes.
    • Detailed reporting of employee benefits and expenses.
    • Accurate submission to HMRC.
    • Minimizes risk of penalties.
    • Robust security measures to protect sensitive data.
    • Confidentiality and data integrity guaranteed.
    • Peace of mind for both employers and employees.

    Tronc Master Services

    • Assistance in setting up and managing compliant Tronc schemes.
    • Guidance on the Employment (Allocation of Tips) Act 2023.
    • Tailored solutions to meet your business needs.
    • Seamless integration with specialist Tronc management services.
    • Ensures accurate payroll integration.
    • Access to expert advice on Tronc regulations.
    • Ongoing support to ensure compliance with HMRC rules.
    • Assistance with record-keeping and reporting.
    • Minimizes the risk of penalties and disputes.
    • Assistance with fair and transparent distribution of tips.
    • Help with record keeping.
    • Guidance on best practices.

    Audit & Assistance & Assurance

    • Independent examination of financial statements.
    • Compliance with UK auditing standards.
    • Provision of audit opinions.
    • Identification of internal control weaknesses.
    • Evaluation of internal control systems.
    • Risk assessment and management.
    • Operational efficiency reviews.
    • Compliance with internal policies and procedures.
    • Due diligence audits.
    • Forensic audits.
    • Grant audits.
    • Compliance audits.
    • Audit Preparation:
      • Assistance with preparing financial documentation.
      • Support during audit fieldwork.
      • Liaison with external auditors.
    • Audit Readiness Assessments:
      • Evaluation of audit preparedness.
      • Identification of areas for improvement.
      • Recommendations for strengthening internal controls.
    • Response to Audit Findings:
      • Assistance in developing corrective action plans.
      • Implementation of recommendations.
      • Monitoring of compliance.
    • Financial Due Diligence:
      • Review of financial records for mergers and acquisitions.
      • Assessment of financial risks and opportunities.
      • Preparation of due diligence reports.
    • Risk Assessments:
      • Identification and evaluation of business risks.
      • Development of risk mitigation strategies.
      • Implementation of risk management frameworks.
    • Compliance Reviews:
      • Assessment of compliance with regulatory requirements.
      • Evaluation of internal control systems.
      • Preparation of compliance reports.
    • Internal Control Reviews:
      • Evaluation of the effectiveness of internal controls.
      • Identification of control weaknesses.
      • Recommendations for improvement.
    • Agreed-Upon Procedures:
      • Performance of specific procedures as agreed with clients.
      • Provision of factual findings.
      • Reporting on results.

    Specialised Accounting

    • Comprehensive financial, operational, and legal due diligence.
    • Accurate business, asset, and intangible asset valuation.
    • Strategic and tax-efficient transaction structuring.
    • Advanced financial modeling, scenario planning, and sensitivity analysis.
    • Post-merger integration planning, financial systems integration, and change management.
    • Expert negotiation strategy assistance and representation.
    • Targeted acquisition target identification and market analysis.
    • Fundraising support and investor presentation preparation.
    • Regulatory compliance and filings.
    • Post-acquisition performance tracking and integration progress monitoring.
    • Accurate tracking of estate and trust assets.
    • Maintenance of detailed financial records for beneficiaries.
    • Preparation of estate and trust accountings.
    • Compliance with probate court requirements.
    • Management of income and expenses for trusts.
    • Distribution of assets to beneficiaries according to legal documents.
    • Tax planning and preparation for estates and trusts.
    • Valuation of estate and trust assets.
    • Preparation of fiduciary accountings.
    • Reconciliation of bank and investment accounts.
    • Management of trust distributions and beneficiary payments.
    • Handling of complex estate and trust transactions.
    • Preparation of required court filings.
    • Communication with beneficiaries and legal representatives.
    • Adherence to relevant legal and accounting standards.
    • Maintenance of accurate financial records for non-profit organizations.
    • Compliance with FASB and other relevant accounting standards.
    • Management of restricted and unrestricted funds.
    • Tracking of grant revenue and expenses.
    • Preparation of financial statements for board meetings and audits.
    • Budgeting and forecasting for non-profit programs.
    • Management of donor contributions and acknowledgments.
    • Implementation of internal controls to ensure accountability.
    • Reporting on program effectiveness and financial performance.
    • Assistance with grant applications and reporting.
    • Tracking of in-kind donations and volunteer hours.
    • Compliance with state and federal regulations.
    • Management of endowment funds and planned giving.
    • Preparation of reports for funders and stakeholders.
    • Strategic financial planning and analysis.
    • Budgeting and forecasting.
    • Cash flow management and optimization.
    • Financial reporting and analysis.
    • Development of key performance indicators (KPIs).
    • Risk management and mitigation.
    • Fundraising and investor relations support.
    • Mergers and acquisitions (M&A) advisory.
    • Financial modeling and scenario planning.
    • Business performance analysis and improvement.
    • Implementation of financial controls and procedures.
    • Liaison with banks, auditors, and other financial institutions.
    • Board meeting presentations and financial updates.
    • Strategic decision-making support.
    • Cost reduction and revenue enhancement strategies.
    • Guidance on financial technology implementation.
    • Development of financial policies and procedures.
    • Performance benchmarking and industry analysis.
    • Financial due diligence.
    • Customized financial solutions tailored to business needs.
    • Comprehensive financial assessment and goal setting.
    • Budgeting and cash flow management.
    • Debt management and reduction strategies.
    • Savings and investment planning.
    • Retirement planning and projections.
    • Education funding strategies.
    • Tax planning and optimization.
    • Estate planning and wealth transfer.
    • Insurance planning and risk management.
    • Investment portfolio diversification and management.
    • Regular financial reviews and adjustments.
    • Personalized financial roadmaps.
    • Guidance on major life financial decisions.
    • Financial education and empowerment.
    • Long-term financial security planning.
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    Unlock your business’s potential with CBM Accounting’s expert accounting services, ensuring financial clarity and compliance across the UK.