Financial Statement Preparation
Financial-statement preparation brings the year-end books into the applicable reporting format, supported by schedules and disclosures.
- Review the trial balance
- Prepare adjustments
- Draft statements
- Finalise approved records
- Required Documents
Government fees depend on your category, state, turnover and applicant type. We confirm those, and our professional fee, before you commit to anything.
About Financial Statement Preparation
Financial-statement preparation brings the year-end books into the applicable reporting format, supported by schedules and disclosures. Management remains responsible for the information and approval; preparation is not the same as an independent audit.
What you get
Who this is for
- Confirm the entity type and reporting framework.
- Identify the reporting period and available trial balance.
- Review whether an audit or additional report is separately required.
Documents required
We send this as a single written checklist so you are not chased for documents one at a time.
After the filing
What stays your responsibility once this is done.
- Obtain management approval and required signatures.
- Complete separate audit or filing requirements.
- Retain supporting schedules and final versions.
How the process works
- 1
Review the trial balance
Identify missing schedules and unusual balances.
- 2
Prepare adjustments
Discuss supported year-end entries with management.
- 3
Draft statements
Compile the applicable statements, notes and comparisons.
- 4
Finalise approved records
Incorporate agreed changes and coordinate audit handover where required.
Frequently asked questions
Missing records must be identified; reconstruction or bookkeeping may be needed first.
Official sources
What this page is based on. Rules change — these are the authorities to check against.
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