Generally speaking, financial statements show the result of business activities carried out during a specific accounting period. Financial statements are written records that convey the business activities and the financial performance of a company. Financial statements contain Profit & Loss Account, showing revenue for the period and costs incurred to earn such revenues and a Balance Sheet showing Assets, Liabilities and Shareholders’ equity at accounting period closing date. Preparation and presentation of Financial Statements is mandatory to let shareholders
know what their funds have earned during that specific period. Financial Statements also bring out how effective and efficient the management and its business decisions were. Financial statements contain significant information about a company’s financial health.
Our experienced team of expert Accountants can help you in preparing accurate financial statements for your business in accordance with prevalent accounting conventions and concepts. Such financial statements are must to represent the business to various stakeholders.