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Accounts & Audit

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

London Elman Wall Limited

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
  • ABTA, ABTOT and ATOL Financial criteria and renewal process
  • IATA's financial requirements and risk assessment
  • 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
  • Operation and mechanism of a Trust Account Model

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

+ a company fully authorised and regulated by the FCA

What Our Clients Say

'It is refreshing to find an Audit Team that has such a good understanding of our industry.'

Noel Josephides, Chairman, Sunvil Holiday Group & ABTA

'We changed our auditors to Elman Wall a few years ago, as our previous accountant did not have specific travel industry experience. It was the best thing we could have done. The staff at Elman Wall are friendly, helpful and professional and, most importantly, completely understand our needs.'

Marilyn Roberts, Financial Director, Jetline Travel

'Elman Wall has been fantastic for us. They’ve changed our business, changed the way we work and have been brilliant. Coming to Elman Wall was one of the best decisions we ever made.'

George Ross, Managing Director, In2Action Limited

'Yasin and his team are brilliant at handling our queries, providing clear advice and guidance in a prompt and efficient manner. We would not hesitate to recommend their services.'

Teresa Barker, Finance Director, The Group Company

Travel Industry

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