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Financial Statement Preparation Services

Services for preparing financial statements are provided by BnC to numerous sectors. We have resources with audit management experience and knowledge of both IFRS and US GAAP when it comes to creating financial statements.

BnC comes across a company's financial statements that calls for a structured set of financial solutions and seeks out professional assistance.

According to regulatory requirements, the annual accounts preparation is done both annually and periodically. The assistance is given in conjunction with the company's auditors, and it is followed by a productive discussion and resolution of any problems that might arise during the preparation of financial statements.

Since financial statements are one of the most crucial management tools, our firm spends the majority of its time learning about the needs and business aspects of our clients.

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We have divided our financial statement preparation services into different phases as listed below in order to successfully complete the yearly accounts preparation:

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Examining the client's attributes and the business environment
Receiving the final trial balance as well as the required schedules
Deferred tax calculations and tax provision calculations
Making a cash flow statement
Financial statement consolidation (if necessary)
The creation of financial statement schedules
Preparing the financial statements in accordance with the needs of the business, including a comment on major accounting policies
Financial statements are submitted for scrutiny
Updating the financial statements to reflect the necessary changes

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