Financial statement
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 October 2013
Can u please provide feeded finalcial staetement and trial balance
22 October 2013
As a matter of confidentiality no one wil prefer to share feeded financial statements
.
.
however prepare as below
1)take trialbalance to excel format from your accounting package
2)first prepare notes to financial statements,prepare sub notes also if required as per size of company however sub notes not required to take a print
.
.
prepare notes to finanical statements with a links from trial balance you can also use sumif formulae if you think it is necessary depends on size of company
.
3)once proper grouping of notes is completed just give links to main BS,AND P&l from notes
4)make sure financial statemnet is prepared as per required disclosures and it should be as per revised schedule VI, you may refer to icai guidence note on revised schedule VI for guidence
5)during finalization time if any entries passed just pass those entries in excel sheet naming it as audit entries sheet and given links to trial balance, once TB updated automaticall total financials will update if you have given proper links and correctly
.
.
however prepare as below
1)take trialbalance to excel format from your accounting package
2)first prepare notes to financial statements,prepare sub notes also if required as per size of company however sub notes not required to take a print
.
.
prepare notes to finanical statements with a links from trial balance you can also use sumif formulae if you think it is necessary depends on size of company
.
3)once proper grouping of notes is completed just give links to main BS,AND P&l from notes
4)make sure financial statemnet is prepared as per required disclosures and it should be as per revised schedule VI, you may refer to icai guidence note on revised schedule VI for guidence
5)during finalization time if any entries passed just pass those entries in excel sheet naming it as audit entries sheet and given links to trial balance, once TB updated automaticall total financials will update if you have given proper links and correctly
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN REDEVELOPED FLAT
- CLOSING STOCK QUERY
- REGARDING ITR FILING QUESTION
- Requirement under FEMA &RBI
- Multiple payment of self assessment tax for A Y 2025-2026
- Gst reverse charge mechanism to be claimed in the month of payment
- Taxation on Old jewellery sold
- PF wage ceiling
- Itr processing refund
- Error in uploading Form 10BD
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
