{"id":8578,"date":"2022-08-15T12:57:54","date_gmt":"2022-08-15T12:57:54","guid":{"rendered":"http:\/\/taxsolutionsa.co.za\/?page_id=8578"},"modified":"2022-08-15T13:26:19","modified_gmt":"2022-08-15T13:26:19","slug":"annual-financial-statements","status":"publish","type":"page","link":"https:\/\/taxsolutionsa.co.za\/index.php\/annual-financial-statements\/","title":{"rendered":"ANNUAL FINANCIAL STATEMENTS"},"content":{"rendered":"\t\t
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LET US HELP YOU WITH THE<\/h6><\/div><\/div>

Preparation of annual financial statements<\/h2><\/div><\/div>

The preparation of annual financial statements is a pre-requisite for any business that is actively operating. Financial statements report on your businesses financial status, they guide the management team on the overall performance of the business. You will need financial statement for filling of your annual tax returns with the South African Revenue Services, they are also a must have if you intend to raise capital from banks and investors.<\/p><\/div><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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We prepare financial statement in accordance with the latest accounting standards used in South Africa, they include:<\/h3>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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\u2022 Standard of Generally Recognised Accounting Practice (GRAP)
\u2022 International Financial Reporting Standards (IFRS)
\u2022 South African Standards of Generally Accepted Accounting Practice (SA GAAP)
\u2022 International Financial Reporting Standards for Small and Medium-sized entities (IFRS for SME\u2019s)<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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  • \n\t\t\t\t\t\t\t\t\t\t\t<\/span>\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\tSTEP 1\nSubmit your business bank annual statements to us for the year you intend to make a financial statement for.\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t
  • \n\t\t\t\t\t\t\t\t\t\t\t<\/span>\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\tSTEP 2\nWe capture all the businesses transactions on our accounting system\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t
  • \n\t\t\t\t\t\t\t\t\t\t\t<\/span>\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\tSTEP 3\nWe capture all the businesses transactions on our accounting system\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t
  • \n\t\t\t\t\t\t\t\t\t\t\t<\/span>\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\tSTEP 4\nWe prepare financial statements for you. It take 3 to 5 working days at a cost of R5000 per annual financial statement.\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t
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