Member Since: 22nd Jun 2018
Michael Berrington is the founder and Managing Director of Accurri and for many years has been regarded as a leading authority on the automation of statutory financial statements.
Since his very early PwC days Michael has been drawn to statutory financial reporting, so much so that he left PwC in 2004 and founded Financial Reporting Specialists (FRS) which became (and still is) one of Australia’s leading ‘non-accounting firm’ preparers of statutory financial statements.
While Michael remains a major shareholder in FRS his focus these days is on building the ‘best and easiest to use’ statutory accounts preparation software available. Since 2010 when the first commercial version of Accurri (then known as IFRS SYSTEM) was launched, Michael has sought (and generally found) ways to overcome the frustration of templates and template-based tools that many preparers still use.
Accurri is currently used by some of the largest and most recognised global companies and accounting firms. The fact that it consistently has client satisfaction and client retention rates well above 90% is testimony to the success of Michael and his team.
7th Aug 2018
It seems to me that ‘Disclosure’ is the forgotten child of IFRS 9 and IFRS 15. Like many others, I have followed the discussion and debates...Financial reporting