Statutory | Interim | Quarterly | Annual Standalone and Consolidated Reporting
Financial Reporting - Future Reimagined Today
Financial Reporting – Future Reimagined today
Financial reporting is becoming more demanding, with Finance teams expected to deliver clear, accurate and timely information while working through increasing accounting requirements and tighter reporting deadlines. Many organisations still rely on manual workarounds and disconnected systems, which slow down the close and make it harder to maintain consistency and control.
Our approach brings accounting expertise together with modern digital tools to simplify how information is captured, reviewed and shared. Through connected data, automated updates, structured workflows and real-time collaboration, we help teams reduce repetitive work, strengthen the quality of their financial statements and stay auditready throughout the year. This creates a reporting process that is smoother, more predictable and better equipped to meet today’s expectations.
PwC and Workiva
Workiva, a market leading technology solution, combined with PwC’s skills and expertise to address the complexity of compliance reporting.
Benefits to clients:
Single collaborative platform allowing us to work with you and your auditors in a controlled, digitised environment, creating one single data set, one version of the truth
PwC technical and practical knowhow supporting the technical and technology content within the tool, reflecting our continuous improvement
Improved data processes, combining data collection, storage, cleansing, analysis and mapping in one tool
Visibility and standardisation of deliverable, working papers and processes, providing efficiency and insight across internal and external stakeholders
Technology enabled: Workiva Powered by PwC
- No technology implementation costs
- Sustainable commercial model for compliance delivery
- Maintenance of content and best practice
- A flexible model - resourcing and expertise that delivers a new way of managing compliance technologies
Last-mile reporting challenges
Fragmented data and disconnected tools
Siloed team working with siloed data stores
Lack of standardisation and automation
Increased rework and pressure during audit cycles
Manual roll-forwards, and late-stage adjustments
Multi-jurisdiction statutory and regulatory requirement
A smarter, stronger way to report - powered by PwC and proven digital innovation
PwC’s digital solution provides a holistic productivity suite; seamless collaboration and centralised and automated data flow enables organisations to accomplish more with fewer resources. PwC brings the business context, industry depth, and execution discipline to translate that technology into measurable outcomes. PwC convert leading technology into a sustained performance advantage—accelerating reporting cycles, strengthening governance, and equipping organisations with timely, trusted insights that fuel tomorrow’s growth.
Key advantages of our financial solution
| Key Features and Benefits |
| Integrated data: Bring financial information from any system into one central environment. |
| Automated updates: Refresh figures instantly and reduce reliance on manual edits. |
| Realtime collaboration: Work with internal teams and auditors in a shared, connected workspace. |
| Endtoend audit trail: Track every change back to source for a smoother audit process. |
| Familiar design: An interface that feels like Excel and Word, making it easy for teams to use from day one. |
Our connected approach
Why is Statutory Accounting so topical?
Statutory accounting has become a critical focus for organisations as reporting environments grow more complex and expectations continue to rise. Companies must navigate varied reporting frameworks, shorter timelines, increasing governance requirements and growing scrutiny from stakeholders, all while ensuring accuracy and consistency.
Static spreadsheets and disconnected processes can no longer keep up. Teams face challenges such as versioncontrol issues, inefficient data collection, siloed working practices and pressure during audit cycles. And because statutory accounts are public documents, quality and reliability directly shape an organisation’s reputation.
Businesses need a smarter, more reliable way forward.
PwC’s statutory accounting solution brings together streamlined processes, automation and innovative technology to transform how statutory reporting gets done. Our approach improves data integrity, embeds standardisation, enhances controls and provides a clear audit trail, all while reducing effort and accelerating delivery.
Statutory accounting is topical because its impact has never been greater. We provide a modern, efficient and trusted path to meet that challenge.
