What is accounting supervision?
The accounting supervision service provided by external professionals is mainly intended to ensure compliance with current accounting regulations and standards. Its scope includes, in particular, reviewing the form and content of source documents, reviewing postings made on the basis of those documents, and assisting in the preparation of disclosures and reports, such as tax returns and financial statements.
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When to use accounting supervision?
It is worthwhile using accounting supervision to mitigate the risks associated with bookkeeping, especially in the event of temporary staff shortages, such as in the position of chief accountant.
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What are the benefits of using Grant Thornton professionals for accounting supervision?
The main advantage of employing external accounting supervision is the reliable verification of accounts, tax returns and reports (e.g. GUS, NBP) by accountants with many years of experience and the relevant professional qualifications. Other benefits include professionally prepared management reports and consolidation packages, as well as expert assistance with challenging accounting issues.
Scope of support
- Verification of the accounts
- Verification and/or preparation of current tax returns and mandatory reports (e.g. GUS, NBP)
- Supervision or preparation of balance sheet, profit and loss statement, notes, statement of changes in equity, cash flow statement
- Verification or preparation of the annual corporate income tax return (CIT-8)
- Accounting consultations
Analysis of the results and prospects of outsourcing finance, accounting and payroll functions, using the example of leading BPS providers in the Grant Thornton network
Implementation process
- Analysis of client needs
We hold a meeting where our experts identify the client’s needs and expectations.
- Service implementation
At this stage, we agree on the terms and conditions of the engagement. The client meets the dedicated service team and provides the data and documentation necessary for service implementation.
- Ongoing service
The ongoing accounting supervision service includes, in particular, reviewing the form and content of source documents, reviewing postings made on the basis of those documents, and assisting in the preparation of disclosures and reports, such as tax returns and financial statements. Additional assistance is offered as and when required.
We hold a meeting where our experts identify the client’s needs and expectations.
Why Grant Thornton?
On 20 April 2023, at the Outsourcing Stars event, we were recognised as one of the top three firms in the Accounting, HR and Payroll category. Outsourcing Stars is Poland’s only non-commercial competition for the Modern Business Services sector. The competition aims to identify and reward the most dynamically growing business environment organisations, shared service centres and cities in Poland.
With years of experience and specialist knowledge, Grant Thornton’s professionals provide the accounting supervision service in an accurate, efficient and timely manner, effectively assisting you in your accounting obligations.
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950 000+
documents booked in the previous financial year
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950+
outsourcing projects handled in the past year alone
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5+ years
average length of employment in our outsourcing team
