Accounting & Bookkeeping Audit Support Payroll Financial Statements Virtual CFO Due Diligence
01
Accounting & Bookkeeping
The complete
accounting cycle.
Delivered clean.

Bookkeeping is not a commodity — it is the foundation of every financial decision your clients make. Done right, it flows cleanly into finalization, tax, and audit. Done wrong, it creates problems that cascade through everything.

At Northern Prospect Advisory, we handle the complete accounting cycle — from transaction recording through to period-end close and accounts finalization — with the precision that accounting firm clients expect. We adapt to your firm's existing workflows and software without disruption. Our approach incorporates intelligent technology for data processing and anomaly detection, with every deliverable reviewed by a qualified professional before it reaches your desk.

What We Deliver
  • Transaction recording & ledger maintenance
  • Bank & credit card reconciliations
  • Accounts payable & receivable management
  • Period-end close & trial balance preparation
  • Accounts finalization & supporting documentation
  • MIS reporting & management accounts
  • Cash flow statements & projections
  • CMA data preparation
Software We Work In
QuickBooks Xero Sage MYOB Zoho Books
02
Audit Support
Workpaper management
from professionals
who know audit.

Most offshore accounting firms operate at the bookkeeping level. Audit support is different — it demands a deeper understanding of audit methodology, risk frameworks, documentation standards, and the workpaper quality that partners and regulators demand.

Our team has direct, hands-on experience working inside US accounting firm audit engagements — preparing audit files, managing workpapers, and producing documentation to PCAOB and AICPA standards. We bring that same depth to audit engagements across the United Kingdom, Australia, New Zealand, and Europe. When you send audit work to Northern Prospect Advisory, it comes back prepared to the standard your partners sign off on.

What We Deliver
  • Audit file preparation & organisation
  • Workpaper preparation & management
  • Lead schedules & supporting schedules
  • Risk assessment documentation
  • Internal controls documentation
  • Audit evidence compilation & indexing
  • Compliance & regulatory reporting support
  • Trial balance & analytical procedures support
Standards We Work To
PCAOB AICPA ISA UK Auditing Standards AUASB
03
Payroll Processing
Accurate.
Compliant.
Every cycle.

Payroll errors are not just inconvenient — they create compliance exposure and damage client relationships. Our payroll processing service covers the complete payroll cycle across US, UK, Australian, New Zealand, and Middle Eastern frameworks, staying current on legislative changes so your clients remain compliant without you tracking every jurisdiction.

What We Deliver
  • End-to-end payroll processing — all pay frequencies
  • Statutory deduction calculations & compliance
  • Employer contribution management
  • Payslip generation & distribution
  • Payroll reconciliation & reporting
  • PF & ESI compliance (India)
  • Single Touch Payroll — Australia
  • UK PAYE processing
04
Financial Statement Preparation
Statements that
are ready.
Every time.

A financial statement is not just a document — it is a representation of a business's financial position that will be relied upon by owners, lenders, investors, and regulators. We prepare financial statements to the highest standards across all major accounting frameworks — from trial balance through to complete statements with notes, disclosures, and supporting schedules.

What We Deliver
  • Income statement & balance sheet preparation
  • Cash flow statement preparation
  • Statement of changes in equity
  • Notes to financial statements & disclosures
  • Supporting schedules & reconciliations
  • US GAAP, IFRS, UK GAAP, AASB compliant
  • Draft statements ready for partner review
  • Comparative period analysis
05
Virtual CFO Support
Strategic financial
insight, delivered
under your brand.

The demand for CFO-level financial guidance among small and mid-sized businesses is growing — and accounting firms that offer Virtual CFO services hold a significant competitive advantage. We provide the analytical, reporting, and advisory work that underpins a strong Virtual CFO offering, delivered under your firm's brand and to your clients' specific needs.

What We Deliver
  • Monthly & quarterly management accounts
  • Cash flow forecasting & modelling
  • Budget preparation & variance analysis
  • KPI development & dashboard reporting
  • Board & investor-ready financial presentations
  • Financial performance analysis & commentary
  • Business planning & scenario modelling
  • Projected financial statements
06
Financial Due Diligence
Thorough. Detailed.
At the pace
deals demand.

Financial due diligence is one of the highest-value services an accounting firm can offer — and one of the most resource-intensive to deliver. Transactions move fast. We handle the detailed analytical and documentation work that forms the backbone of a due diligence engagement, allowing your firm to deliver thorough, high-quality reports without stretching your in-house team.

What We Deliver
  • Historical financial performance analysis
  • Quality of earnings assessment
  • Working capital analysis & normalisation
  • Balance sheet review & asset verification
  • Revenue & cost structure analysis
  • Identification of financial risks & anomalies
  • Due diligence report preparation & support
  • Management accounts review
Looking for a service
not listed here? Ask us.
We will tell you honestly.
Write to us
info@northernprospect.com Contact Us