Contents Financial Accountancy
Nanavati & Co

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Financial accountancy

Personal taxation

Corporate taxation

Value added tax

We prepare annual financial statements of companies  in order for them to comply with their statutory duties.

A similar service is provided for sole traders and partnerships.

This in simple terms means preparing a set of financial statements for a period of normally one year from the accounting records of the business. The company's recording keeping may be  be manual or computerized.

 

Our charges would depend on the type of work to do. We do help clients to improve their records so that they make savings in terms of our fees.

Just a note that generally limited companies with a turnover of up to 1 million do not require an audit.

We can assist you to improve your accounting systems so that you can make informed management decisions, control your cash flow and plan for expansion.

 

 

In the case of a limited company the financial statements would comprise:

 Directors' report

Auditor's Report or Accountants' report

Profit and Loss Account

Notes to the financial statements

In the case of sole traders and partnerships, these financial statements would comprise:

Profit and Loss Account

Balance Sheet

Accountant's Report

Notes to the Accounts

 

 

Disclaimer: Professional advice must be taken before proceeding on the information provided on this web site.

 

 

 

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