Corporate financial reporting

The LCP Corporate Consulting practice advises companies on how best to manage their pension plans.  Our focus is on supporting finance directors and their departments in preparing:

• UK GAAP figures under FRS17
• International accounting figures under IFRS; and
• A wide range of overseas GAAP figures, including US GAAP

Beyond pension benefits, we advise on accounting for post-retirement healthcare plans, employee share plans, and other benefit arrangements.

This includes managing the impact of pension plans on company finances, how to represent pension plans in company accounts, ensuring that UK and international benefit plans attract and retain employees effectively, and managing benefit issues in mergers & acquisitions.

Rather than simply crunching numbers or responding to technical queries, we invest in understanding our clients' objectives. Our approach adds value by delivering commercially tailored and insightful advice.

We offer a selection of modelling and online tools that allow reporting to be performed in a streamlined, and cost effective way, irrespective of the number of arrangements, or the number of countries, involved in the consolidation.

We ensure we offer clarity by explaining the relevant issues to our clients and help them to understand the impact of benefits plans on their accounts. This ensures that our clients appreciate how the pension cost will react to various circumstances and enables us to identify early warning signs for issues before they arise.