Financial Management
The accounting and tax treatment of PFI projects has developed in parallel with the advance of PFI, accounting structures have been developed to ensure projects are financially efficient. We ensure that the treatment adopted follows the assumptions on which the project was evaluated, indeed we aim to ensure that the returns expected from the project are delivered upon and if possible surpassed, assuming other operating criteria are met.
Our accounting service covers all of the requirements under the project and funding facility agreements. We have developed our own unique accounting application design to run PFI projects in the most effective and efficient manner.
Typically we will provide all monthly administration from drafting and processing the drawdown and payment instructions, monthly management accounts, statutory accounts, VAT returns, budgets and forecasts, preparation of covenant tests, treasury management, indexation calculations and unitary charge invoicing.