Financial Reporting

What We Offer

Financial Reporting is a fundamental aspect of business management and provides key insights into the companies financial performance at a certain point in time.


McKernan & Co can assist with your year-end reporting requirements and ensure the final financial statements are compliant with current legislation.

Focus on What You Do Best

Our Services Include


  • Preparation of your financial statements
  • Review and discussion around your business performance
  • Compliance checks along with report generation
  • Management accounts

FAQs

  • Why is Financial Reporting important?

    Financial reporting is important as it provides transparency and accountability by discloing a company's financial information to stakeholders. 

  • What are the main financial statements included in financial reporting?

    Balance sheet, income statement, cashflow statement and statement of equity. Each statement provides different perspectives on a company's financial position, performance, and changes in equity.

  • Who uses Financial Reports?

    Various stakeholders, including investors, shareholders, creditors, lendors, regulators and internal management will review Financial Reports. They support with making investment decisions, assessing creditworthiness, monitoring performance and ensuring compliance.