Business Modelling

The TSA and the Audit Commission expect ALMOs to be producing medium term business plans. A robust financial model is an essential element of this. We can produce a long or medium term financial model for either the ALMO or the HRA that will enable you to carry out sensitivity analysis of your future plans. We can review your existing model and advise on the robustness/integrity of its outputs to suit your needs.

Reconciliation Work

Can't get the rents balanced, or having problems with the cash book, or the intercompany account? We have individuals who relish this challenge. What's more we have the management support with a wealth of experience to support them. We can sort out the current reconciliation problems and create procedures to enable your staff to take over as we leave.

Subsidy Health Check

Getting subsidy estimates right and ensuring the base data is correct is essential for your business planning. Getting it wrong can lead to errors in future management decisions and will affect services, the lives of your tenants and people's jobs. We can review your subsidy calculations and base data and give you peace of mind.

Guidance/training on changes to International Accounting Standards

IFRS rules are affecting everyone. We can provide general or specific advice on the change requirements and/or provide interim managers who have a clear understanding of the IFRS rules to lead or support your closure process and ensure you get a clear ISA 260 report from your auditors. We can also provide tailored training to suit your individual needs on-site. Maybe you can join with a neighbouring ALMO and get better Value for Money.

Closure of Accounts

The deadlines get tighter each year and the cost of failure gets higher. Not only have you got to balance your own accounts, produce the supporting data for the auditors, but you have to ensure they comply with the Council's requirements and deadlines. The Council needs to have its consolidated accounts spot-on with no material errors and with ever increasing scrutiny. We can provide that additional capacity at the time you need it.

Interim Management

Do you need support through those pressure periods of closure and estimates, or to carry out a review or project, or do you need continuity whilst recruiting that irreplaceable financial manager or accountant? We can provide people with experience in every aspect and expertise in housing finance from director of resources to housing accountant or experienced accounting technician. We pride ourselves on not just providing an extra pair of hands, but a professional accountant fully supported by our senior managers and network of advice. We can also provide a team of people supported by an experienced housing finance manager who can get to grips with sorting out a major problem or project.