Why You Need Elman Wall's Travel Accounts & Audit Team

You work in a highly regulated industry which is always in the spotlight. A specialist sector requires specialist expertise and knowledge. When it comes to understanding the Travel Industry, Elman Wall's Accounts and Audit team is second to none. In fact, our clients call them the A Team as their advice and added value input is exceptional. Just read What Our Travel Clients Say

This specialist expertise encompasses:

• Regulatory reporting requirements for CAA, ABTA, IPP and more
• Distinguishing Licensable and Non-Licensable turnover, Principal and Agency status and how these affect your bonding costs
• CAA's Free Assets and ABTA working capital requirements
• IATA's financial criteria and audit requirements – all IATA agents must provide audited accounts
• Specialist knowledge of VAT and TOMS
• Detailed knowledge of different reservations systems and how these can be linked to your accounting software
• Industry benchmarking expertise
• Identifying exposure to risk
• Stakeholder expectations and practices including merchant services, banks, external investors and others
• Close collaboration with our Travel Tax Team to minimise corporation tax, ensures you benefit from all available allowances and that the extraction of profits for shareholders never loses sight of your regulators' requirements
• Close collaboration with Summit Advisory, our in-house Travel Business Advisors who help travel business owners grow, expand through acquisitions or sell their travel business.
• Close collaboration with Cavendish Ware+, in-house Personal Financial Planning and Investment Management specialists to ensure your own personal financial welfare and to protect your business

We have made it our business to understand your business with one goal in mind – to add real value to your travel business.

For more about our approach, also see Accounts and Audit

Read what your Travel Industry peers think at What Our Travel Clients Say