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 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).

We highly advise that all Business Activity Statements are all finalised and lodged prior to the preparation of the final financial reports.
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Merrylands Address

1, 18 McFarlane St, Merrylands, NSW, 2160

Parramatta Address

Suite 4, Part Ground Floor, 80 George St, Parramatta NSW 2150

Sydney Address

Level 35, International Tower One,100 Barangaroo Avenue, Sydney NSW 2000

Liverpool Address

Shop 2 389 Hume Highway Liverpool NSW 2170

Email us

info@thetaxfactor.com.au

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