Data analysis compilations

In the compilation process, data analysis is a foundational practice when it comes to a company's financial records and how they are reflected in the annual accounts. What accounting principles were followed and are there any anomalies? Are there any potential legal risks? Have the correct VAT amounts been charged and remitted? Data analysis quickly and reliably reveals any irregularities or unusual events.

Data analysis for compilations

Applying data analysis in the compilation process sheds light on several key areas, such as:

Administrative checks: Key reconciliations such as payroll journal entries, current accounts, or opening balances can be verified at a glance.
Financial analyses: Financial analyses are made available per period and per client, optionally compared to the previous year.
Top customers & suppliers: Your largest customers and suppliers are shown in a clear overview, including sales per customer or purchases per supplier. This can lead to valuable discussions about dependence on specific clients or suppliers, as well as regional spread.
Personnel costs: These are broken down per period, per FTE, and in relation to pension contributions and social security charges.
Accounts receivable turnover: The status of outstanding receivables is made visible, such as whether outstanding balances from the previous year have since been paid.
High-risk countries: Instantly see which countries your organisation does business with.
VAT analysis: Quickly assess whether the correct VAT has been charged or reclaimed in a specific period, across all purchase and sales invoices.

Data analysis is used to safeguard quality: it allows discrepancies or irregularities to be detected faster, more efficiently, and more accurately.

Our advisors

Jordy Ekkel Accountant

Jasper Visserman Senior IT consultant

Visual presentation in the annual accounts

In our visual annual accounts, we present data analysis outcomes in a visual and interactive format. This makes the figures more engaging and easier to interpret. It and provides clear insight into:

Your overall financial position;
The status of your key financial KPIs;
Your largest customers and suppliers;
How your figures have developed month by month and compared to the previous year;
How projections for the coming year are expected to influence the figures.

To the visual annual account page