Financial Statements

About the Service

Preparing accurate financial statements that reflect the companies' performance and financial position, and provide a clear view of revenues, expenses, assets, and liabilities to support managerial and strategic decisions.

Service Description

We prepare financial statements based on available accounting records and financial data. Depending on the business and reporting requirements, these may include the statement of financial position, income statement, statement of cash flows, and statement of changes in equity. We review and classify financial information and perform agreed accounting adjustments within the scope of the engagement, while taking relevant accounting standards into consideration.

Implementation Steps

1. Collect accounting records and financial documents for the specified period.

2. Review the data and assess the completeness of the available information.

3. Classify accounts and review accounting balances.

4. Identify discrepancies and perform agreed accounting adjustments.

5. Prepare financial statements using the appropriate accounting framework.

6. Review the statements and prepare the final deliverables.

Service Deliverables

• Statement of Financial Position.

• Income Statement.

• Statement of Cash Flows, where applicable and supported by the available data.

• Statement of Changes in Equity, where applicable.

• Relevant financial notes and disclosures within the agreed scope.

• A summary of outstanding issues or information required from the client.