finalisation of balance sheet. (urgent)

The One Says:

Finalization of accounts would simply imply preparation of Trial Balance from which Profit and Loss Account, Balance Sheet and Cash Flow Statement along with  Notes to Accounts will be completed. Just have a look at the last years completed statements this will be needed anyway to give comparative figures. (Other disclosures are also there ie Schedules, MD&A Report, End-Use of Funds, Foreign Exchange Transactions, Imports CIF Value, Quantity, etc.)

You have already completed ledger scrutiny ie all accounts are in order as per Accounting Standards and Companies Act apart from TDS Service Tax Income Tax PF ESI etc. If you are using automated software like Tally then your final accounts are already prepared!!

This is just generally speaking of course.

Hope its useful.

what is MD & A report?