Financial Statements

Income statement, balance sheet and cash flow statement — prepared from reconciled books, monthly or at year-end, and reviewed by a Chartered Accountant before they reach you, your lender or your auditor.

From $349/year-end set · £279 · AED 1,299 · SGD 449 · ₹9,999 — see pricing

Signs you need this

“I need proper financial statements.”

  1. 01A bank, investor or partner is asking for financial statements
  2. 02Year-end is close and the books haven’t been closed
  3. 03You know your bank balance but not your actual profit
  4. 04Last year’s figures can’t be traced back to the books

What’s included

The work, itemized.

Your written scope lists exactly which of these apply to your engagement, at what frequency. Available for businesses in United Kingdom, United States, United Arab Emirates, Singapore, India.

  • FS.1

    Income statement

    Revenue, costs and profit for the period, with prior-period comparatives.

  • FS.2

    Balance sheet

    Assets, liabilities and equity at period end, every balance supported.

  • FS.3

    Cash flow statement

    Where cash came from and where it went — operating, investing and financing.

  • FS.4

    Notes & schedules

    Fixed assets and depreciation, loans, accruals, receivables and payables.

  • FS.5

    Year-end adjustments

    Accruals, prepayments, depreciation, provisions and closing stock.

  • FS.6

    Monthly management accounts

    Optional monthly P&L and balance sheet with plain-language commentary.

These statements are prepared for management, lenders, investors and your auditor or tax advisor. Where a statutory audit or official filing is required, it is carried out by your auditor or advisor.

Inputs & outputs

What we need from you. What you get back.

Onboarding starts with a checklist, so you never have to guess what to send.

Onboarding checklist

  • Reconciled books (or our bookkeeping service)
  • Trial balance and general ledger
  • Prior year financial statements
  • Fixed asset, loan and stock records
  • Who the statements are for and any required format

Deliverables

  • Income statement
  • Balance sheet
  • Cash flow statement
  • Supporting notes and schedules
Get Financial Statements

Questions

Financial Statements: common questions.

What is the difference between an income statement and a balance sheet?

The income statement shows revenue, costs and profit over a period. The balance sheet shows what the business owns and owes at a single date. The cash flow statement links the two by showing how cash actually moved.

Who reviews the financial statements?

Every set of financial statements is reviewed by a qualified Chartered Accountant on our team before it is sent to you.

Can you prepare statements if my books are not up to date?

Yes. We first bring the books up to date and reconcile them, then prepare the statements. The written scope shows both parts separately.

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