Annual financial statement preparation 

Annual financial statement preparation is typically carried out by accountants or financial professionals, and may involve the use of financial software or other tools to create and organize the financial statements. The resulting financial statements are usually reviewed by management and may be audited by an independent auditor to ensure their accuracy and completeness. Financial statements are used by a variety of stakeholders, including investors, lenders, regulators, and management, to assess the financial health and performance of a business.

We do more than balance your books

We provide a professional service in which we prepare or assist clients in preparing annual financial statements and other financial information required to comply with the requirements of the company act, as well as applying for finance, tenders, or similar. We can also assist in liaising with the financial institution and ensuring that all relevant information is submitted in the appropriate format as part of this service.
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Provides a clear overview of the financial health of a business

Financial statements provide a clear and concise overview of a business’s financial position, including its assets, liabilities, and equity. This can help stakeholders, such as investors and lenders, assess the financial health of the business.

Helps identify trends and potential issues

By regularly preparing financial statements, businesses can track their financial performance over time and identify any trends or potential issues that may need to be addressed.
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Facilitates decision-making

Financial statements provide important information that can be used to make informed business decisions. For example, a business may use its financial statements to determine whether it can afford to expand or invest in new equipment.

Improves internal controls

The process of preparing financial statements can help a business identify and address any weaknesses in its internal controls, such as inadequate record-keeping or a lack of segregation of duties. This can help reduce the risk of financial errors or fraud.
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