The CK member was sweating and having sleepless nights because of the “unreliable” financial and tax records of the business.
Published financial statements were of dubious quality and no reliance could be placed on them. The “accountant” who prepared the financials disclaimed responsibility – placing all accountability straight back to the member.
Peace of mind through business risk mitigation for the CK and member.
Fit for purpose processes and technology were implemented to standardise bookkeeping and accounting.
Reliable and compliant financial systems created on solid process and technology platforms. The client has not looked back and rests far easier at night – the technical solution was relatively easy, persuading the client to not “break bad” was more difficult.
Getting on the wrong side of tax authorities and industry regulatory bodies is a serious thing.