Get Year-End Right. Every Single Time.
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- Year-End Accounting
Year-end work can put considerable pressure on a firm’s delivery schedule, particularly when several client files reach the preparation stage simultaneously. Reconciliations may still be outstanding, schedules need updating, adjustments need to be worked through, and senior staff may already be committed to review, tax, and client work.
IMCA provides Year-End Accounting Services to CA, CPA and accounting firms that need additional support with year-end preparation. We work on agreed areas of the process, helping your team progress client files while keeping review, professional judgment, and client responsibility firmly within your firm.
- PRICING
Year-End Accounting Support
Year-end requirements vary from one client file to another. Some files may need focused reconciliation and preparation support, while others require more extensive work before they can move to your firm’s review stage.
Starting at
$15/Hour
- What we support
What Our Year-End Accounting Support Covers
Not every client file requires the same level of preparation. IMCA’s Year-End Accounts Preparation Services can be scoped around the work that needs to be completed before a file progresses to your firm’s next stage of review.
Year-End Accounts Preparation
Depending on the engagement, support may include ledger review, outstanding balances, reconciliations and other agreed preparation work required at year-end.
Account Reconciliations
Bank, credit card, and relevant balance sheet accounts can be reconciled within the agreed scope, with any unresolved differences clearly identified for further attention.
Year-End Adjustments & Schedules
Support may include agreed year-end journals and the preparation or updating of supporting schedules required for the client file.
Working Paper Preparation
Supporting calculations, schedules and documentation can be organized in line with your firm's agreed working-paper process.
Queries & Outstanding Matters
Missing information, unresolved balances, and matters requiring professional judgment are identified and raised for your team's attention rather than resolved through assumption.
Need Accounting Support?
Get skilled accounting professionals to support your firm or business—without the cost of expanding your in-house team.
From Year-End Preparation to Firm Review
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Managing Year-End In-House vs. Working With IMCA
Not every client file requires the same level of preparation. IMCA’s Year-End Accounts Preparation Services can be scoped around the work that needs to be completed before a file progresses to your firm’s next stage of review.
IN-HOUSE
Managing Year-End Entirely In-House
Multiple client year-ends compete for the same internal resources.
Senior accountants may spend significant time on recurring preparation work.
Reconciliations, schedules, and working papers remain with the internal team.
Preparation work competes with review, tax, compliance and client responsibilities.
Workloads can become difficult to balance when several client files reach year-end together.
OUTSOURCED SUPPORT
Working With Indian Muneem
Agreed preparation activities are handled by an additional accounting team.
Responsibilities and handoffs are defined around your firm's existing workflow.
Reconciliations, schedules and working papers are completed within the agreed scope.
Queries and exceptions are clearly identified for appropriate firm input.
Your firm retains review, professional responsibility and ownership of the client relationship.
A Practical Checklist for Year-End Preparation
Every firm’s year-end accounting checklist will look slightly different depending on the client, engagement, reporting framework, and internal procedures. At the preparation stage, an accounting close checklist may include:
- Reconciliations: Bank, credit card, loan, and relevant balance sheet accounts.
- Ledger Review: Unusual balances, outstanding items, clearing accounts and potential misclassifications.
- Year-End Adjustments: Accruals, prepayments, depreciation and other agreed journals where applicable.
- Supporting Schedules: Fixed assets, loans, receivables, payables and other schedules required for the client file.
- Working Papers & Queries: Supporting documentation, reconciliation evidence and matters requiring additional information or firm review.
- FAQs
Frequently Asked Questions
The scope can include agreed-upon preparation work, such as ledger review, reconciliations, year-end adjustments, supporting schedules, working papers, and the identification of outstanding queries. The exact work depends on the client file and your firm's requirements.
Yes. Outsourced Year-End Accounting Services can be used for selected client files or specific preparation activities. Your firm does not need to outsource the complete year-end process.
They cover agreed preparation work required before a client file progresses to the firm's next stage of review. Depending on scope, this may include reconciliations, ledger review, adjustments, supporting schedules and working papers.
IMCA supports agreed preparation activities within your firm's existing workflow. Your firm retains responsibility for review, professional judgment, engagement decisions and client relationships.
Requirements vary by engagement but may include access to accounting records, relevant supporting documents, prior-year information where required, and your firm's instructions for the client file.
Bookkeeping generally covers the ongoing maintenance of accounting records throughout the accounting period. Year-end accounting focuses on period-end preparation, reconciliations, adjustments, supporting schedules, and related work required before the file progresses to review.