At The Tax Factor, our senior staff are members of Professional Accounting Bodies (IPA, CPA, CA & 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 Report
Financial reports are prepared on an annual basis and are reconciled with all relevant Business Activity Statements throughout the financial year. We highly advise that all Business Activity Statements are all finalised and lodged prior to the preparation of the final financial reports.
In a competitive business environment, financial reporting provides our clients with information for formulating corporate strategies business plans, leadership initiatives and have 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).
Start the process today. Call The Tax Factor on 1300 829 322 or complete our online form.