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Balance Sheet Preparation

  • Review of books of accounts
  • Asset and liability verification
  • Balance sheet in prescribed format
  • Comparative figures from previous year
5-10 working days

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About This Service

A Balance Sheet is a financial statement that presents a company's assets, liabilities, and shareholders' equity at a specific point in time. It provides a snapshot of the financial health and is required for tax filing, bank loans, investor presentations, and regulatory compliance. Our chartered accountants prepare balance sheets in the format prescribed by Schedule III of the Companies Act, 2013 for companies, and in appropriate formats for LLPs, partnerships, and proprietorships. We ensure all items are correctly classified and valued as per applicable accounting standards. The service includes reviewing your books of accounts, verifying asset and liability balances, making necessary adjustments, and presenting the balance sheet with comparative figures from the previous year.

What's Included & Excluded

Inclusions

  • Review of books of accounts
  • Asset and liability verification
  • Balance sheet in prescribed format
  • Comparative figures from previous year
  • Review by chartered accountant

Exclusions

  • Bookkeeping and data entry
  • Statutory audit
  • Tax computation and filing

How It Works

  1. 1

    { "step": 1, "title": "Data Collection", "description": "We collect your trial balance, bank confirmations, asset registers, and liability schedules for the reporting date." }

  2. 2

    { "step": 2, "title": "Verification & Adjustments", "description": "We verify balances, make adjustments for depreciation, provisions, and ensure correct classification of all items." }

  3. 3

    { "step": 3, "title": "Balance Sheet Preparation", "description": "The balance sheet is prepared in the prescribed format with proper grouping, sub-classification, and comparative figures." }

  4. 4

    { "step": 4, "title": "Review & Delivery", "description": "A senior CA reviews the balance sheet for accuracy and compliance before final delivery." }

Documents Required

Please keep the following documents ready before proceeding.

  • Trial balance as on the balance sheet date
  • Bank statements and bank confirmations
  • Fixed asset register with depreciation details
  • Loan statements and creditor confirmations
  • Previous year's balance sheet

What You Get

  • Balance sheet in prescribed format
  • Supporting schedules
  • Digital copy in PDF and Excel format

Frequently Asked Questions

Find answers to common questions about this service.