PREPARATION OF FINANCIAL STATEMENTS
Preparing financial statements by going through the daunting task of reviewing massive financial records from disseminated sources and reports puts businesses in a tizzy. DSA eradicates the tedium of going through various records and preparing different types of financial reports like balance sheets, cash flow statements, income statements, profit and loss statements, and more to create a precise and concise financial view of the business. Our on-demand and annual financial statement preparation services will aid you to build meaningful reports in your preferred formats. Whether you want to impress your creditors and investors or if you want to identify profit-making or loss-making sources, financial statement preparation services will benefit you and your business in an Omni-direction. The niche experience and extensive knowledge of team DSA make it nimble for this job.
As we know, financial statements are one of the most important management tools, so our firm delves the maximum time into getting the client’s requirements and business dimensions. To accomplish the preparation of the annual accounts
we have split our financial statement preparation services into various phases as below :
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Getting into the business environment and perspective of the client’s stakeholders
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Receiving the closing trial balance and the necessary schedules
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Updating the financial statements following the requirements
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Preparation of a cash flow statement
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Consolidation of financial statements (if necessary)
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Preparation of schedules for the financial statements
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Submission of the financial statements for the review
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The calculation for the various adjustments such as deferred taxes, provision for taxes, realized and unrealized forex differences, etc.