Accounting, Tax & Reporting
Reliable financial information. Stronger business control.
We help businesses structure financial information, improve accounting processes and coordinate reporting and compliance requirements.
Your finance function partner
A more efficient, reliable finance function, with the structure each business needs
We help growing businesses manage their accounting, structure their financial information and coordinate their compliance obligations, so management teams have reliable information and can focus on the business.
Our model is flexible: it can complement the in-house finance team, the current accounting provider or each company’s local tax advisers.
Our approach
- Technical knowledgeLocal GAAP (Spanish PGC) and IFRS.
- International reportingPackages for parent companies and shareholders.
- Flexible modelsTailored to each client’s size and needs.
01
Outsourced accounting
We take on all or part of the company’s accounting, with defined closing procedures and regular reconciliations, so management has reliable information every month.
Need it addresses
- There is no in-house accounting team, or its capacity is limited.
- Closes run late or accounts do not reconcile.
- Well-ordered accounts are needed ahead of an audit, a financing round or a transaction.
Potential scope
- General ledger accounting and account reconciliations.
- Monthly, quarterly and year-end closes.
- Balance sheet reviews and accounting analysis.
- Fixed asset accounting and depreciation schedules.
- Support with accounts payable and receivable.
- Assistance with accounting policies and procedures.
Deliverables and activities
- Recorded and reconciled accounts.
- Periodic balance sheet and income statement.
- Bank and key account reconciliations.
- Fixed asset register and depreciation schedule.
- Closing calendar and checklist.
Delivered directly
02
Financial and IFRS reporting
We prepare financial statements and reporting packages for management, international parent companies and shareholders, under local GAAP (Spanish PGC) or IFRS.
Need it addresses
- Subsidiaries reporting to a foreign parent under tight deadlines.
- Differences between local GAAP and IFRS that must be identified and reconciled.
- Management that needs to understand variances against budget.
Potential scope
- Preparation and review of financial statements.
- Preparation of financial information under IFRS.
- Reporting packages for corporate groups.
- Reporting to international parent companies and shareholders.
- Variance and performance analysis.
- Documentation and implementation of accounting policies.
Deliverables and activities
- Monthly or quarterly reporting package.
- Local GAAP–IFRS reconciliation and adjustment detail.
- Variance report with management commentary.
- Accounting policies manual.
- Information prepared to support the auditor’s work.
BEDROCK does not issue audit opinions: it prepares and reviews financial information for management and facilitates the work of the company’s auditors.
Delivered directly
03
Tax and regulatory compliance
We coordinate the company’s tax compliance and prepare the accounting information that supports it, working alongside tax advisers in each jurisdiction.
Need it addresses
- A tax calendar with many obligations and different owners.
- Groups with companies in several countries.
- A need for consistency between the accounts and tax calculations.
Potential scope
- Coordination of corporate tax compliance.
- Support with tax calculations and tax reporting.
- Coordination with local tax advisers in different jurisdictions.
- Monitoring of tax obligations and calendars.
- Preparation and reconciliation of tax documentation.
Deliverables and activities
- Tax calendar and deadline tracking.
- Supporting calculations and book-to-tax reconciliation.
- Documentation prepared for the tax adviser.
- Periodic compliance status report.
Tax return filing, representation before the tax authorities and specialist tax advice are carried out by qualified professionals coordinated by BEDROCK, unless a different scope is expressly agreed.
Coordinated with external professionals
04
Payroll and administrative support
We coordinate the payroll process with the company’s payroll provider and integrate it into the accounts, so personnel costs are always reconciled.
Need it addresses
- Outsourced payroll that is not integrated into the accounts.
- Recurring differences between payroll, social security and the ledger.
- Subsidiaries without a local administrative team.
Potential scope
- Coordination of payroll processes.
- Accounting integration of payroll and personnel costs.
- Analysis and reconciliation of personnel costs.
- Coordination with local payroll and employment service providers.
- Support with administrative and financial processes.
Deliverables and activities
- Payroll journal entries and personnel accruals.
- Payroll, social security and ledger reconciliation.
- Personnel cost report.
- Information exchange procedure with the payroll provider.
Payroll processing, social security filings and employment advice are provided by qualified payroll providers, with whom BEDROCK coordinates.
Coordinated with external professionals
05
Finance process improvement
We review how the finance function works —close, controls, reporting and systems— and propose practical improvements that reduce time, errors and risk.
Need it addresses
- Long, highly manual month-end closes.
- Poorly documented internal controls.
- Recurring reports rebuilt by hand every month.
- An under-used ERP system.
Potential scope
- Month-end close optimisation.
- Design and improvement of internal controls.
- Standardisation and automation of recurring reports.
- Documentation and standardisation of accounting procedures.
- ERP process and accounting workflow optimisation.
Deliverables and activities
- Finance function diagnostic with priorities.
- Redesigned closing calendar.
- Risk and control matrix.
- Automated reporting templates.
- Procedures manual.
Delivered directly
Scope of services
What we deliver directly and what we coordinate
Being transparent about scope is part of the service. Some activities require specific qualifications, authorisations or professional arrangements; in those cases BEDROCK coordinates the work with duly qualified professionals in each jurisdiction.
Delivered directly
- General ledger accounting, closes and reconciliations.
- Financial statements and management and group reporting packages.
- Financial information under local GAAP and IFRS.
- Supporting calculations and documentation for tax compliance.
- Payroll accounting integration and personnel cost analysis.
- Process, internal control and reporting improvements.
Coordinated with external professionals
- Tax return filing and representation before the tax authorities.
- Specialist tax advice and advice in other jurisdictions.
- Payroll processing, social security filings and employment advice.
- Legal and corporate advice.
- Statutory audit.
The specific scope, timelines and responsibilities of each engagement are agreed in writing before work begins.
Methodology
A clear, consistent process
Accounting, Tax & Reporting
Understand. Structure. Deliver. Improve.
- UnderstandExisting accounting processes, reporting requirements and business priorities.
- StructureA clear scope of work and agreed delivery deadlines.
- DeliverConsistent procedures throughout the year.
- ImproveReliable financial information and continuously improving processes.
We start by reviewing existing accounting processes, reporting requirements and business priorities. From there we define a clear scope, agreed delivery deadlines and consistent procedures to provide reliable financial information all year round.
Who it is for
Businesses that need reliable financial information
SMEs, international subsidiaries, holding companies and growing organisations that need reliable information without building a large in-house finance team — especially companies that report regularly to foreign parent companies and shareholders.
- SMEs
- International subsidiaries
- Holding companies
- Growing businesses
Let’s discuss your financial needs
Whether you need support with month-end closes, better international reporting or outsourcing recurring accounting work, we can help you build a more efficient and reliable finance function.