Fast and Flawless Financial Statements Preparation at Feasible Rates

Bookkeeping Service India is a comprehensive financial accounting and bookkeeping services provider. The leading accounting firm came up with the comforting news of offering its expert and error free financial statement preparation and financial statement analysis services at economical prices.

Bookkeeping Services India offers financial statement preparation and financial statement analysis services that are of core importance to assess the financial standing of business. It helps in preparation of financial statements that include:

• Balance Sheets
• Profit and Loss Statements (Income Statement)
• Statements of Cash Inflow
• Statements of Cash Outflow
• Statements of Equity

And provides valuable services like:

• Financial Ratio Analysis
• Financial Statement Analysis

Bookkeeping Services India uses latest software and applications to deliver uncompromising results. A list of software used by Bookkeeping Services India includes:

• QuickBooks
• Peachtree
• Sage Line 50
• Quicken
• MYOB
• IRIS
• LaCerte
• Pro

Professional accountants at Bookkeeping Services India keep track of latest industry updates to stay abreast of all the changes in accounting policies, standards and bookkeeping methods. This cutting edge approach aids them in efficient financial statements preparation and helps them win client satisfaction.

Bookkeeping Services India is known among its clients for best industry practices and has a satisfied international clientele in countries like UK, USA, Canada, Australia, etc. It also ensures its financial statement preparation and financial statement analysis fully comply with international standards and Generally Accepted Accounting Principles (GAAP) if required.

To outsource financial statement analysis and financial statement preparation services, email at: info@bookkeepingservicesindia.com

To gather further information on financial statement preparation and analysis, visit Bookkeeping Services India at: http://www.bookkeepingservicesindia.com/contact.php

Source: Prlog.org

Basic Information Regarding Financial Statement

A financial statement is an official record of the financial activities of an individual, business or other thing. This statement is often referred to as an account, even though the term financial statement is also used, mostly by accountants. It provides an overview of a business or person's financial condition in both short and long term.

It is a tool used to communicate financial information of an entity to those who wants to make decision and informed judgments about the entity's economic position, results of operation and cash flows. There are four financial statement such as Balance Sheet, Income Statement, Statement of Cash Flows and Statement of changes in owner's equity. These four financial statements have unique purpose but they are interrelated. For a business venture, all the significant financial information, offered in a structured way and in a form simple to understand, are called the financial statements.

Many other reputed firms provide financial statement analysis & financial statement preparation services such as:

• Balance Sheets
• Statements of Equity
• Financial Ratio Analysis
• Profit and Loss Statements
• Financial Statement Analysis
• Statements of Cash Inflow
• Statements of Cash Outflow

Generally financial statement is a written statement which quantitatively describes the financial strength of a company. This includes a profits statement and a balance sheet, and frequently also includes a cash flow statement. Financial statements are frequently compiled on a quarterly and yearly basis. Statements of retained income illustrate changes in a companies or organizations retained income over an exact period of time. These statements illustrate the opening and final balance of retained income, as well as any adjustments to the balance that take place throughout the reporting period. This information is sometimes integrated as measurement of the balance sheet, or it may be shared with an earnings statement. Though, it is regularly provided as a totally separate statement.

If you want to more information about our wide-ranging financial statement preparation services and also any small business bookkeeping requirements so feel free contact us and also send us mail at - info@bookkeepingservicesindia.com

Source:
Ideamarketers.com

Financial Statements why its important for all business?

Generally financial statements are a formal record of the financial activities of a business, person, or other thing. Financial statements like a written statement which quantitatively describes the financial strength of a company. This includes an income statement and a balance sheet, and regularly also includes a cash flow statement. Financial statements are regularly compiled on a quarterly and yearly basis.

Financial statements are important futures for each and every business. For a business venture, all the appropriate financial information, offered in a structured way and in a form simple to understand, are called the financial statements.

They normally consist of four essential financial statements such as:

• Balance sheet
• Income statement
• Statement of retained earnings
• Statement of cash flows

For huge corporations, these statements are frequently multifaceted and might be include a wide-ranging set of notes to the financial statements and management discussion and also financial analysis. The notes normally explain each entry on the balance sheet, income statement and cash flow statement in supplementary detail. Notes to financial statements are measured a fundamental part of the financial statements.

If you desire personal financial statements so its may be mandatory from persons applying for a personal loan. Normally, a personal financial statement consists of a single form for exposure individually held assets and liabilities (debts), or personal sources of income and expenses, or both. The form to be filled out is determined by the organization supplying the loan.

The purpose of financial statements is to give information regarding the financial situation, performance and changes in financial situation of a venture that is helpful to a wide range of users in making financial decisions. Financial statements should be comprehensible, appropriate, reliable and comparable. Reported property, liabilities and equity are directly connected to an organization's financial situation. Reported income and operating cost are directly connected to an organization's financial performance.

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For more information regarding our wide ranging financial statements preparation services or financial statement analysis so feel free contact us and send us mail at info@bookkeepingservicesindia.com