Financial accounting is the process of recording, summarizing and reporting the myriad of transactions resulting from business operations over a period of time. These transactions are summarized in the preparation of Financial Statements, including the Financial Position also called as Balance Sheet, Income Statement and Cash Flow Statement that encapsulate the company’s operating performance over a specified period, Sample Accounting Report.
When ACHI BIZ is engaged for bookkeeping, accounting or annual reports services then all these applicable reports are prepared and provided digitally to support the un-audited Financial Statements (aka: Directors Report) together with required Schedules for Fixed Assets, Hire Purchases, Accruals, Advance Billing, Deposits Paid, Customer Deposits, Prepayments, Work-In-Progress, etc.
Legends & Remarks:
Sample Co. Name for Accounting Reports: Clearwater Pte. Ltd.
Sample Co. Name for Un-Audited Financial Statements: ABS Pte. Ltd. with FYE 31-Mar-2017
FYE = Financial Year Ended
2018-12 = FYE 31-December-2018
2018-Q-4 = Fourth Quarter of 2018
Mgt Rpt = Management Report
The Financial Statements & Accounting Reports & Sample Annual Reports are only for the purpose of sample illustrations which are not exhaustive as the requirements for each and every business will vary according to the nature of businesses.
The sample un-audited annual Financial Statements and the Management or Accounting / Bookkeeping Reports are totally different from each other intentionally which are presented here only for the purpose of sample illustrations.
Un-Audited Financial Statements (aka: Directors’ Report or Sample Annual Reports)
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Definition of Financial Accounting
