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Your complete guide to compiling 100% legally compliant income statements and balance sheets

by , 30 July 2015
Get all the expertise of experienced accountants and auditors so you can draw up your financial statements perfectly and get rid of errors in your accounting records!

Dear reader, 
 
Admit it. Every time you have to prepare your financial statements you get that sinking feeling. A sense of unease. 
 
It's to be expected, given the importance of such a task.
  1. If your trial balance has errors, your financial statements will also be incorrect;
  2. You use your balance sheet to declare your taxes to SARS annually – so it must be correct; 
  3. Your financial statements give a picture of the economic activity of your company; and
  4. Your company won't be compliant with the laws and regulations in South Africa, if you don't prepare your income statement and balance sheet, and do them correctly!
     
But don't despair. We'll help you tackle the problems in drawing up an income statement and balance sheet with this one tool. 
 
This tool will:
 
Solve problems that may arise in compiling a balance sheet;
 
Help you avoid accounting errors that can cause serious financial problems;
 
Give you certainty in applying the legislation and regulations in force;
 
Provide a solid base of information to prepare the trial balance;
 
Help you correctly interpret and apply the legal requirements;
 
Show you all the components you need to draw up an income statement
 
Give you practical examples and models for solving certain types of problems that occur frequently in preparing financial statements;
 
Show you eight lesser-known errors that occur when preparing your trial balance and how to overcome them;
 
Help to eliminate the risk of errors; and
 
Help you avoid penalties and fines from SARS.
 
All About Financial Statements: Your complete guide to compiling 100% legally compliant income statements and balance sheets gives you the essential information you need to prepare and cross-check your company's accounting records. 
 
The final result – you'll have a trial balance, income statement and balance sheet prepared professionally, fairly quickly and with minimum energy! 
 
Click here for 100% legally compliant income statements and balance sheets


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