The scoreboard, honestly: the hard targets, how often each one is actually looked at,
and the quiet human signals that never make it onto a dashboard.
Error Rate on Assigned IFRS Areas
The number of material errors or significant adjustments identified by auditors or senior management in your directly owned IFRS accounting areas.
Target · <0.5% error rate (zero material errors)You own IFRS 15 revenue recognition. If auditors find a £100,000 misstatement in a revenue accrual you prepared, that's a significant error. We're aiming for none of those.
Timely Completion of IFRS Reconciliations & Schedules
Percentage of assigned IFRS-specific reconciliations, journal entries, and supporting schedules completed by the agreed month-end or quarter-end deadlines.
Target · 95%+ completion rate by deadlineIf you're responsible for the IFRS 16 lease accounting schedules, we expect them to be ready for review by the 3rd working day after month-end, consistently.
Resolution of Level-Appropriate Queries
The proportion of technical accounting queries you handle that require minimal or no further review/correction from your manager before being finalised.
Target · 80%+ resolved with one review roundWhen the commercial team asks about the revenue recognition for a new type of contract, your initial assessment and proposed treatment should be largely correct and only need minor tweaks from your manager.
Documentation Quality Score
An internal rating of the clarity, completeness, and audit-readiness of your technical accounting documentation and working papers.
Target · Average score of 4 out of 5 (or higher)Your working papers for the IFRS 9 ECL calculation should be so clear that a new joiner could pick them up and understand the rationale and data sources without much hand-holding.
Proactive Issue Identification
How well you spot potential accounting issues before they become problems, especially related to new transactions or changes in business models.
- You flag a new contract type to your manager early, asking for guidance on IFRS 15 implications. You notice a change in how we're using a financial instrument and proactively reassess its IFRS 9 classification. You're not just reacting
- you're thinking ahead.
Effective Communication of Technical Concepts
Your ability to explain complex IFRS concepts and their P&L impact to non-accountants (e.g., commercial teams, FP&A) in a clear, understandable way.
- Commercial teams come to you directly for accounting advice because they trust your explanations. Your manager notes that you've simplified a complex IFRS 16 modification explanation for the wider finance team. You avoid jargon where possible.
Collaboration & Information Gathering
How effectively you work with other teams (Legal, Commercial, Treasury) to gather the necessary information for accurate accounting treatment.
- You're known for getting the right details from the Legal team on contract clauses that impact IFRS 15. You build good relationships with the Treasury team to understand financial instrument specifics. You don't just wait for information
- you go and get it.
Adherence to 'Substance Over Form'
Your judgment in looking beyond the legal structure of a transaction to understand its true economic reality for IFRS purposes, especially in ambiguous situations.
- You challenge the legal team on a contract's wording because you believe its economic substance points to a different IFRS 15 treatment. You're able to articulate why a transaction, despite its legal form, should be accounted for in a certain way, and your manager agrees.