Case Studies Balance Sheet

Your team have prepared the balance sheet extract below after posting the routine journal entries prior to period end close.

During a pre-close financial review, the Business Unit Finance Business Partner gives you an update of the activity in the period 

Please review the two pieces of information and prepare to discuss the following:

What potential balance sheet adjustments would you raise and what clarification would you provide to the Finance Business Partner on accounting matters? 

What concerns do you have after your conversation with the Finance Business Partner 

What recommendations would you make relating to financial controls or other areas for improvement?

Balance Sheet Attached