Financial Statement Preparation

Get accurate, compliant, and insightful financial statements with expert support from Finance Shelter

Picture this…

You need to present your business’s financial health to stakeholders, banks, or regulators, but preparing financial statements is complex and time-consuming. Errors or non-compliance can lead to penalties, loss of credibility, or missed opportunities.

With Finance Shelter, financial statement preparation is precise and hassle-free. We handle everything from data collection to final reporting—ensuring your balance sheet, profit & loss, and cash flow statements are accurate, timely, and fully compliant with accounting standards.

1. Why Financial Statement Preparation Matters

• Regulatory compliance – Meet statutory requirements under Companies Act, Income Tax Act, and accounting standards.
• Stakeholder trust – Build confidence with investors, lenders, and partners through transparent reporting.
• Business insights – Understand profitability, liquidity, and financial position for better decision-making.
• Audit readiness – Well-prepared statements simplify statutory and internal audits.
• Funding & growth – Accurate statements are essential for loan applications, fundraising, and expansion.

2. Key Services We Provide

1. Data Collection & Organization – Gather and structure financial data from books, ledgers, and supporting documents.
2. Statement Drafting – Prepare balance sheet, profit & loss account, and cash flow statement as per applicable standards.
3. Notes & Disclosures – Draft detailed notes, schedules, and disclosures for full transparency.
4. Review & Finalization – Cross-check figures, ensure compliance, and finalize statements for submission.
5. Management Reporting – Provide customized reports and analysis for internal decision-making.

3. Finance Shelter’s 5-Step “Statement-Ready” Protocol

1. Initial Assessment – Understand your business structure, reporting needs, and compliance requirements.
2. Data Compilation – Collect and verify all relevant financial records and supporting documents.
3. Drafting & Compliance Check – Prepare statements in line with Ind AS, AS, or IFRS as applicable.
4. Review & Corrections – Conduct thorough checks and incorporate management feedback.
5. Final Delivery & Support – Submit finalized statements and assist with queries or audit requirements.
   Fastest record: Complete financial statements delivered within 5 working days.

4. Common Pitfalls We Prevent

• Errors in classification or calculation leading to inaccurate reporting.
• Non-compliance with statutory formats and disclosure requirements.
• Missing supporting documents or reconciliations.
• Delays in finalization affecting audits or filings.
• Lack of clarity in notes and schedules.
Our 60-point checklist ensures accuracy, compliance, and clarity in every statement.

5. Success Snapshots

• Start-up – secured funding after presenting professionally prepared financials to investors.
• SME – passed statutory audit with zero queries on statement accuracy.
• Retail chain – improved cash flow management with clear, timely financial reports.

6. Why Finance Shelter?

• Experienced accountants and financial reporting experts.
• End-to-end service: data collection, drafting, review, and finalization.
• Transparent pricing with no hidden fees.
• Real-time WhatsApp updates and dedicated client support.
• Proven track record of accurate, compliant, and audit-ready statements.