Accounting for Banks and Financial Institutions

How our Accountants can help you!

• Maintenance of Accounts Payables and Accounts Receivables

  Our primary focus is to manage the accounts payables and accounts receivables of banks and financial institutions in a way that adds value.

• Bookkeeping & Preparation of Tax Statements

  With our professional bookkeeping, we can help prepare the tax statements of banks and financial institutions. Our thorough understanding of the unique business needs and regulatory requirements within the financial sector ensures this is done efficiently.

• Balance Sheet Preparation

  For most businesses, a typical balance sheet consists of the core accounting equation, assets equal liabilities plus equity. A bank, however, has unique classes of balance sheet line items that other companies won’t. That’s where accountants specialise in.

• Daily Ledger and Journal Entries

  We manage your complicated business aspects, including daily ledger and journal entries. This ensures that the banking operations run smoothly without the burden of any mundane tasks.

• MJ Kane Accountants offer a full range of accounting services including:
  • Accounts preparation for your business

  • Self-Assessment Tax returns if you are self employed

  • Managing complicated payroll for your business

  • Compliance with companies’ house filing requirements

  • Corporation Tax planning and advice

  • Value Added Tax (VAT)

  • Structure of partnership agreements

  • Assurance reports