Accounting close & financial statement review advisory
Your growth starts with clear, reliable numbers
Ready to close the year with peace of mind and full control?
A poorly executed accounting close can cost far more than just a few mistakes. At GCO, we help you close the fiscal year with precision, compliance, and strategic insight. We detect errors, anticipate risks, and deliver a financial statement review that turns your data into powerful decisions.
Forget about last-minute surprises. Gain clarity, control, and confidence for the year ahead.
- Full ledger-by-ledger accounting review
- Proactive correction of errors and key adjustments
- Clear insight for financial and business decisions
- Strategic support before, during and after the close
Accounting close & financial statement review advisory
A poor accounting close can cost you more than you think
- Worried your books may contain unnoticed errors?
- Feel like your financial statements don’t reflect reality?
- Is your internal team stretched too thin or lacking technical expertise?
- Missing clear criteria for provisions, amortisation or year-end adjustments?
The accounting close isn’t just paperwork — it’s the moment your entire year is summarised in numbers. If those numbers aren’t accurate, your next steps could be built on the wrong foundation.
A proper financial statement review prevents mistakes from carrying over, helps you interpret data correctly, and gives you a solid, informed starting point for the new year.
Accounting close & financial statement review advisory
Thorough accounting review: precision from the ground up
We catch errors before they become costly problems.
We don’t just close your books. We dig deep into your general ledger, journal entries, and bank reconciliations to ensure your numbers are clean, consistent, and reliable. We also verify amortisations, provisions and adjustments are correctly applied — in line with accounting standards and economic logic.
- General ledger and reconciliation review
- Detailed analysis of income, expenses, assets and liabilities
- Correction of accounting errors and accumulated misstatements
You get financial records that reflect your real situation — not just what the software says.
Accounting close & financial statement review advisory
Complete operational close, without delays or bottlenecks
We handle the technical process so your team doesn’t get overloaded.
From final adjustments to the closing entry and legal book submission, we manage the entire process with rigour and coordination. Whether we work directly with you or your external accounting firm, we ensure a smooth, timely and compliant year-end.
- Year-end closing entries and final adjustments
- Regulatory compliance review
- Legal book filing and preparation for Registry submission
We take care of the details, while you stay in control.
Accounting close & financial statement review advisory
Financial analysis with business insight
Your numbers should do more than add up — they should tell you something.
Once your books are closed, we analyse your financial situation with a strategic lens. This isn’t just a report; it’s a diagnosis designed to help you act. We highlight key ratios, liquidity, profitability, capital structure and any major variances.
- Financial statement report with key performance indicators
- Clear reading of your financial position at year-end
- Identification of financial or structural risks
You walk away with not just data — but direction.
Accounting close & financial statement review advisory
Post-close strategic advisory
Closing is just the beginning. Let’s focus on what’s next.
After delivering your report, we walk you through the results in a one-on-one session. We help you understand the findings, answer your questions and define an action plan for improvement.
- Walkthrough session to explain findings
- Tailored recommendations based on your business context
- Initial action plan: what to improve, where to adjust, how to move forward
Because closing well is good. Starting smarter is better.
Ready to turn your accounting close into a strategic advantage?
Request a full financial statement review with our team
Accounting close & financial statement review advisory
Why work with GCO?
With GCO, you don’t just close the year. You understand exactly where your business stands.
Multidisciplinary Team: Accountants, tax advisors and economists working together for you
Strategic Approach: We go beyond compliance to help you understand the “why” and the “what next”
In-House Technology: Our GCOconta app lets you manage accounting on the go
Over 45 Years of Experience: Serving local and international companies since 1978
Technical Rigor: We use auditable methodologies and professional standards
Backed by Trusted Networks: Members of AEDAF, the Economists Association of Catalonia, and the European legal network IUSFUL
Accounting close & financial statement review advisory
“Can’t we just do this ourselves?”
You don’t need another accountant. You need a new perspective.
Your team handles the day-to-day: posting, reconciling, reporting. But because they’re so close to the numbers, they might miss what only a fresh, expert eye can spot. The year-end close isn’t just the final step — it’s the chance to take a step back and learn from the past.
That’s where we come in.
GCO doesn’t replace your team. We give you what they can’t:
- Analytical distance: We catch errors, deviations and risks that go unnoticed internally
- Technical accuracy: We apply accounting standards with economic reasoning, not just checklists
- Financial insight: We connect your figures with business strategy
The value isn’t in doing more. It’s in seeing differently.
Sometimes, a second opinion is what turns a close into a real advantage.
Process and Methodology
A Clear Path to Excellence for your Company
Our customer-centric process is tailored to your specific needs. From initial analysis to strategy implementation, we are with you every step of the way.
- Initial Situation Analysis
- Development of Customized Strategies
- Solutions Implementation
- Continuous Monitoring and Adjustment
Frequently Asked Questions
Answers to your key questions about accounting close and financial statement review
Can I use this service if I already have an accountant or firm?
Absolutely. Most of our clients have in-house or outsourced accountants. We come in as an extra layer of review and strategy, to detect what may have been missed and provide actionable insight.
What does the accounting close include?
We perform a full technical review of your accounting (general ledger, reconciliations, income, expenses, assets, liabilities), apply necessary closing entries and adjustments, and handle book filing if needed. Everything is reviewed by senior advisors.
What does the financial review include?
We analyse your financial statements to give you a clear picture of your economic standing: liquidity, profitability, debt, capital structure. You receive a report with practical insights and improvement points.
What if you find accounting errors?
We inform you clearly and offer correction options. We can apply them ourselves or guide your team to do it. The goal is accuracy and integrity before closing.
Can you review a year that's already closed?
Yes. We can audit a closed year to check for errors or inconsistencies and help you improve reporting for stakeholders, banks or future audits.
How is this different from an audit?
An audit certifies your accounts for external use. Our service is internal: focused on improving reliability, identifying problems and strengthening your decision-making.
Can I use this service if I already have an accountant or firm?
Absolutely. Most of our clients have in-house or outsourced accountants. We come in as an extra layer of review and strategy, to detect what may have been missed and provide actionable insight.
What does the accounting close include?
We perform a full technical review of your accounting (general ledger, reconciliations, income, expenses, assets, liabilities), apply necessary closing entries and adjustments, and handle book filing if needed. Everything is reviewed by senior advisors.
What does the financial review include?
We analyse your financial statements to give you a clear picture of your economic standing: liquidity, profitability, debt, capital structure. You receive a report with practical insights and improvement points.
What if you find accounting errors?
We inform you clearly and offer correction options. We can apply them ourselves or guide your team to do it. The goal is accuracy and integrity before closing.
Can you review a year that's already closed?
Yes. We can audit a closed year to check for errors or inconsistencies and help you improve reporting for stakeholders, banks or future audits.
How is this different from an audit?
An audit certifies your accounts for external use. Our service is internal: focused on improving reliability, identifying problems and strengthening your decision-making.
After the accounting close & financial statement review, what?
What comes after the close and review?
To stay in control and strengthen your financial position, these complementary services support your next steps:
Budget Planning
We help you build a realistic budget aligned with your resources and goals, so you stay on track and avoid year-end surprises.
We model future scenarios to help you anticipate cash needs, investment windows or financing needs before they become urgent.
We design clear, recurring financial reports so you can track progress, make informed decisions and report confidently to partners or investors.
Nuestro equipo fiscal
Conoce a Nuestros Expertos en Fiscalidad
Experiencia y conocimiento a tu servicio para una gestión fiscal óptima.
Managing Partner
Tax Department Senior Manager
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