With a group of dedicated, research oriented and skilled professionals, we help entrepreneurs and startups to start their business and manage their statutory and legal compliance, at affordable cost

Contact

+91 8714176079

Arjuns Arcade, First Floor, SCNRA B Lane, Kowdiar, Kerala 695003

We understand the critical importance of precise and compliant financial reporting for your business’s success and compliance obligations. Our dedicated team of financial experts is committed to delivering meticulously prepared financial statements that provide clarity, transparency, and confidence to stakeholders.

Financial Statement Preparation

We prepare accurate and compliant financial statements, including balance sheets, income statements, and cash flow statements, in accordance with relevant accounting standards and regulations. Our meticulous attention to detail ensures transparency and accountability in your financial reporting.

Comprehensive Analysis

In addition to standard financial statements, our reports include in-depth analysis and commentary to provide context and insights into your financial performance. We highlight trends, outliers, and potential risks to help you make informed decisions.

Interactive Dashboards

We offer interactive dashboards and visualization tools that allow you to explore your financial data dynamically. With intuitive graphs, charts, and drill-down capabilities, our dashboards empower you to uncover valuable insights and trends at a glance.

Why Choose Us?

  1. Accuracy and Compliance: We adhere to strict quality standards and regulatory requirements to ensure the accuracy and compliance of your financial statements.
  2. Expertise and Experience: Our team comprises seasoned financial professionals with extensive experience in financial reporting across various industries.
  3. Timeliness and Efficiency: We prioritize timeliness and efficiency in our financial statement preparation process, ensuring that your statements are delivered promptly and reliably.
  4. Customized Solutions: We understand that every business has unique reporting needs. Our services are tailored to accommodate your specific requirements and preferences.
Ensure Precision in Your Financial Reporting Today!

Experience peace of mind knowing that your financial statements are prepared with precision and expertise. Contact us today to learn more about how our Financial Statement Preparation Services can support your business objectives and compliance obligations.

Q1: What are the key components of financial statements for companies in India?

A1: The key components include the Balance Sheet, Profit & Loss Statement, Cash Flow Statement, and Notes to Accounts.

Q2: What is the deadline for companies to file their financial statements?

A2: Companies must file their financial statements within 30 days from the date of the annual general meeting, which must be held within six months from the end of the financial year.

Q3: Who is responsible for preparing and signing the financial statements?

A3: The financial statements must be prepared by the company’s management and signed by the Chairperson of the company, Managing Director, or at least two Directors, including the CEO and CFO.

Q1: Are partnership firms required to prepare financial statements?

A1: While not mandatory under law, it is advisable for partnership firms to prepare financial statements to maintain transparency and aid in financial decision-making.

Q2: What financial statements should a partnership firm ideally prepare?

A2: A partnership firm should prepare a Balance Sheet, Profit & Loss Account, and Partners’ Capital Account to reflect their financial position and performance.

Q3: Who signs the financial statements of a partnership firm?

A3: The financial statements of a partnership firm should be signed by all the partners or by any partner authorized by the firm.

Q1: Are LLPs required to prepare financial statements?

A1: Yes, LLPs are required to maintain proper books of accounts and prepare a Statement of Accounts and Solvency annually.

Q2: What is the deadline for LLPs to file their financial statements?

A2: LLPs must file their financial statements with the Registrar of Companies within 30 days from the end of six months of the financial year.

Q3: Who is responsible for signing the financial statements of an LLP?

A3: The financial statements of an LLP must be signed by the designated partners.

Q1: Are sole proprietors required to prepare financial statements?

A1: Sole proprietors are not legally required to prepare financial statements but doing so is beneficial for tracking business performance and filing taxes.

Q2: What financial statements are recommended for sole proprietors?

A2: Sole proprietors should prepare a Balance Sheet and a Profit & Loss Statement to manage their finances effectively.

Q3: Who signs the financial statements of a sole proprietorship?

A3: The financial statements of a sole proprietorship are signed by the sole proprietor.

Q1: What are the financial statement requirements for NGOs in India?

A1: NGOs must prepare a Balance Sheet, Income & Expenditure Account, and Receipts & Payments Account.

Q2: What is the filing deadline for NGO financial statements?

A2: NGOs registered under the Societies Registration Act or as a Trust must file their financial statements annually, typically within six months of the end of the financial year.

Q3: Who is responsible for preparing and signing the financial statements of an NGO?

A3: The financial statements of an NGO are prepared by the management and signed by the President or Secretary and one other member of the governing body.

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