FAQ
Frequently asked questions
Who is behind EFS?
EFS is a group of chartered accountants, analysts and engineers. EFS Capital & Holdings Limited is the group parent, and EFS Global Advisory Limited, based in London, trades as Every Financial Solution.
What does "Big Four-standard" mean?
It means our working papers, review process and documentation follow the discipline of a Big Four accounting firm. Our team is Big Four-trained. EFS is independent and is not affiliated with any Big Four firm.
Which accounting standards do you work to?
We prepare financial reporting under IFRS and IAS, or IFRS for SMEs where appropriate. Audit Genesis, our audit software, is structured on the International Standards on Auditing.
How are your services priced?
Most services are priced after a short scoping call, based on your size, complexity and the services you choose. You receive a written proposal with scope and fees before any work begins. EFS Money Manager has a free Individual plan.
Do you work with businesses outside the UK?
Yes. We can support businesses outside the UK, and EFS Bench BPO provides dedicated offshore finance staff wherever your business is based.
What is the difference between Foundational Accounting and EFS Bench BPO?
Foundational Accounting is a managed service. We deliver reviewed books and reports as an outcome. EFS Bench BPO gives you dedicated staff who work under your direction, with our quality oversight.
Who builds your software?
EFS Systems Technologies, the group's engineering arm, builds our custom CRM, ERP and financial software, including the EFS Accounting Engine.
Do you give investment advice?
No. EFS Capital Markets provides market data, analytics and portfolio tools, and EFS Digital Asset Intelligence provides advisory and accounting services. Neither provides investment advice.
How do I get started?
Book a consultation through our contact page. We will match you with the right specialist and arrange a call.