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Hi Aleksandra
Personally I have always found it more difficult taking over a client that is nearing their year end. There is so much information that you may not be aware of and you have no background knowledge of the transactions you have been presented with.
It would have been much more practical for the previous bookkeeper to complete the year end and provide the accountants with the closing TB.
If they have finished and will not complete the year end, I would contact the accountants for the closing TB as at 31st August 2010 so you have the correct starting point, categorize the income and expenditure (fingers crossed paperwork is filed methodically), ensure the control accounts i.e bank, debtors and creditors are reconciled, update the fixed asset schedule/register and then calculate and post your year end entries for depreciation, accruals, prepayments, stock etc, reversing previous year accruals etc and then produce the TB as at 31st August 2011 for presentation to the accountants. (Hope i haven't missed anything out  )
You could always contact the accountants and explain the situation as any additional work required by either the accountants or yourself will result in increased costs to your client.
It would be great to hear from anyone that would handle this differently.
All the best.
Angie
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