Prevented the accounts of a major utilities company from being qualified
This client was a major player in the provision of retail and wholesale utilities. With new rules around the provision for bad debt requiring no ‘general’ provisions, the company needed to provide a much more accurate picture of its bad debt situation.
I was brought in to work with a data management business to automate the calculation for bad debts, which had previously been a manual task. This 12-month project was delivered in 9 months and ensured that the auditors signed off the accounts.
Jul 5, 2015