Preparation of Financial Statements
Compliant financial statements — the foundation of your tax return, audit, and financing.
Overview
Accurate financial statements are the basis of every income tax return, audit, and financing application. Spinzer Law Firm prepares financial statements for businesses of all sizes in compliance with applicable accounting standards (IFRS for SMEs or general accounting principles as applicable) and FBR requirements. Our team reconciles books of account, prepares profit and loss accounts, balance sheets, and supporting schedules.
Why This Matters
Financial statements are a mandatory attachment to corporate income tax returns and are required by banks, investors, and government agencies. Inaccurate statements expose businesses to tax reassessment and legal liability.
Scope of Work
- Review and reconciliation of books of account
- Preparation of Profit & Loss Account
- Preparation of Balance Sheet
- Depreciation schedules and fixed asset registers
- Notes to the accounts as required
- Tax computation on the basis of prepared accounts
Our Process
Books Review
We review your existing books, ledgers, and supporting documents.
Reconciliation
We reconcile bank statements, accounts payable/receivable, and stock records.
Statement Preparation
We prepare draft financial statements for your review.
Review & Finalization
We incorporate your feedback and finalize the statements.
Delivery
We deliver signed statements along with the supporting tax computation.
Frequently Asked Questions
Quick Facts
Typical Timeline
7–14 working days from receipt of complete records
Documents Required
- Bank statements for the year
- Sales and purchase ledgers
- Stock records (if applicable)
- Fixed asset details
- Loan and liability details
Free 30-minute initial consultation
Ready to get started?
Speak to our team today — no obligation, no jargon.