Financial Reporting Specialists

Financial Reporting Specialists, or FRS, is an Australian firm that compiles annual and interim financial reports for other organisations. It works with clients and, where needed, their auditors, and tracks accounting standards, legislation and regulation on their behalf.

What Financial Reporting Specialists offers

• Financial report compilation: annual and interim statements prepared for statutory compliance, lenders or other stakeholders.
• Consolidation: combining entities where required.
• Technical review: checks of the draft report and supporting files.
• Post-audit versions: updated reports reflecting audit and tax adjustments.
• Accounting advisory: guidance on financial accounting questions.

Clients

Corporate groups that outsource their statutory reporting, including businesses operating in both Australia and New Zealand. Clients supply a completed disclosure document and trial balances, and the team returns a final report with supporting audit trails.

Key facts

• Based in: Australia
• Abbreviation: FRS
• Client history: some clients have used it since 2008