Financial Reporting

Financial Statement Preparation

Accurate, standard-compliant financial statements — P&L, Balance Sheet, and Cash Flow — prepared for audit, banking, investor, and regulatory submissions.

What This Covers

Financial Statement Preparation

Financial statements are used for statutory audit, bank loan applications, investor presentations, ROC filings, and tax compliance. CA Jatin Karda & Co. prepares financial statements in compliance with applicable Accounting Standards (AS) or Ind AS.

  • Profit & Loss Account and Balance Sheet
  • Cash Flow Statement (direct and indirect method)
  • Notes to Accounts with all required disclosures
  • Schedule III format for companies
  • Comparative statements (current year vs previous year)
  • Depreciation schedules (Companies Act and Income Tax)
How It Works
01
Trial Balance Review
Trial balance from Tally / Zoho / QuickBooks received and reviewed for completeness.
02
Adjustments & Provisions
Year-end adjustments — depreciation, provisions, prepaid/accrued items — processed.
03
Statement Preparation
P&L, Balance Sheet, Cash Flow prepared in the applicable format (Schedule III / AS / Ind AS).
04
Notes to Accounts
All mandatory disclosures — related party, commitments, contingent liabilities — compiled.
05
Final Review & Delivery
Statements reviewed for accuracy and compliance before delivery.
What You Receive
Profit & Loss Account
Balance Sheet
Cash Flow Statement
Notes to Accounts
Depreciation Schedule
Comparative Financials (2 years)
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Mon – Sat  ·  10:30 AM – 8:30 PM IST
Ideal For

Who Needs This Service?

Financial statement preparation is needed by every business — from sole proprietors to listed companies.

👤
Individuals & Proprietors

Income and expense statement for bank loans, visa applications, and ITR filing.

🤝
Partnership Firms & LLPs

P&L and balance sheet for audit, ROC filing, and bank requirements.

🏢
Private Limited Companies

Schedule III compliant statements for statutory audit and ROC filing (AOC-4).

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Startups & Investors

Investor-ready financial statements with detailed notes for fundraising and due diligence.

Common Questions

Frequently Asked Questions

AS applies to non-corporate entities and smaller companies. Ind AS (converged with IFRS) applies to listed companies and companies above ₹250 crore net worth — requiring more detailed disclosures.

Schedule III of the Companies Act 2013 prescribes the format for Balance Sheet and P&L for all companies — mandatory for statutory audit and ROC filing.

5–10 working days for a typical SME from receipt of complete trial balance. Larger entities with complex transactions may take 2–4 weeks.

Yes. We can reconstruct statements from bank statements, GST returns, and invoices when formal records are incomplete. Additional professional fees apply.

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