the procedure is to appoint good CA for that work.........

Financial statement completion(Balance sheet and profit and loss a/c), notes to accounts(disclosing accounting treatement followed by the company and break up schedules for the financial statement)-these needs to be verified and certified by CA.

Please finde the attachmet and take help form your last year balance sheet and start work on balance finalization of balance sheet. 

JAI PRAKASH SINHA

THANK U SIRJEE

For finalisation you need to do -

BANK Balance of the books and Statement of the Bank should be tally.

Cash must not be negative in any day.

Depreciation on fixed assets as per IT Act

Provisions of Exp

Balance confirmation from Creditors and Debtors (Not for all but for those who have BIG AMT & TRANS.)

ALL TAX RETURNs and VAT J1J2 should be tallied.

AFTER ALL THIS.....

CALL YOUR CA... HE WILL FINALISE AND DO ENDORSE ABOUT THE ENTRIES AND TRANSACTION.

BY DOING FINALISATION UP TO CERTAIN LIMITS YOU GET THE KNOWLEDGE AND DO EASY WORK FOR C.A.
 

HOPE....