We love extracting data from client databases, so we developed FRU (“Financial Reporting Utility”) in 2015 to enable FATCA (and later) CRS reporting to Guernsey Revenue’s IGOR portal. We review it each year to add or update the required schemas. FRU has evolved with client feedback and our approach to delivery has been tailored.
Tax reporting and recording of decision-making is a high-stakes activity and there are increasingly heavy penalties for mistakes made. To take the stress out of this, we try to be as flexible as possible. We will be on hand, in person, during the whole process as and when required to ensure complete peace of mind. Our understanding of the major line of business applications and their databases allows us to help or advise clients at all the stages of gathering their source data for this task.
Our solution, FRU (Financial Reporting Utility) has been in use by our clients since 2015 and has been updated each successive year to add or update the required schemas. The system has evolved with client feedback and even our approach to delivery has been tailored.
We try to be as flexible as possible and also to be on hand, in person, during the whole process as and when required to ensure complete peace of mind.