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Financial Reporting
At The Tax Factor, our senior staff are members of Professional Accounting Bodies (IPA, CPA & CIMA) and are highly skilled in the preparation of all annual financial reports for all reporting entities, which are prepared under the guidance of International Financial Reporting Standards (IFRSs)
Issued by the International Accounting Standards Board (IASB). These Reports Include:
- Trading Accounts
- Detailed Profit & Loss Statements
- Balance Sheets
- Notes to the Financial Statements
- Statement of Changes in Equity
- Statement of Cash Flows
- Depreciation Schedules
- Directors Report & Declaration
- Compilation ReportList Item
Financial reports are prepared on an annual basis and are reconciled with all relevant Business Activity Statements throughout the financial year.
In a competitive business environment, financial reporting provides our clients with information for forming corporate strategies, business plans, and leadership initiatives and create a broader understanding of their business performance and financial position. The Financial Reports are also important requirements for presenting to Financial & Government institutions for compliance reasons. Thus, this requires due diligence and sound professional and ethical standards set out by the APESB Board (The Accounting Professional and Ethical Standards Board).
We highly advise that all Business Activity Statements are all finalised and lodged prior to the preparation of the final financial reports.
Call us today and book your free consultation. Think Beyond Tax.
Merrylands
1, 18 McFarlane St
Merrylands
NSW 2160
Parramatta (Head Office)
Ground Floor
80 George St
Parramatta
NSW 2150
Wollongong
Suite 4a , 179-181 Keira Street
Wollongong,
NSW, 2500
Liverpool
Shop 2, 389 Hume Hwy
Liverpool
NSW 2170
Bankstown
390 Chapel Rd
Bankstown
NSW 2200
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