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!
All About Financial Statements
Your complete guide to compiling 100% legally compliant income statements and balance sheets
What you'll get in All About Financial Statements eReport
Why do you need financial statements?
Your legal accounting reporting obligations
The trial balance – the first step to creating your financial statements
Format of the trial balance
Why is the trial balance so important?
Four errors your trial balance will show
Preparing your income statement
Net income and distribution to taxes and dividends
Preparing your balance sheet
What is the balance sheet?
Why you need to prepare a balance sheet
What if the balance sheet doesn’t balance?
Distribution of profits
Verify set legal reserves
Depreciation adjustments versus input values
The problem of negative or contradictory account balances
Cross-check your balance sheet with other reports
Your key to quick, efficient, 100% correct and legally compliant financial statements with:
Now only R799 (excl. Vat)
In this eReport:
Get information verification, practical advice, examples:
Why you need financial statements;
Your legal accounting reporting obligations with IFRS, The Income Tax Act and The Companies Act of 2008;
The trial balance – the first step to creating your financial statements;
How to prepare your income statement;
All about preparing your balance sheet;
Cross-checking with other reports, ledger, fixed assets register, inventory list etc.;
Relevant examples and tips from trial balance to income statement and balance sheet; and
Red flags to look out for.
But that’s not all!
Get practical advice and examples of adjustments of accounts and their relevance to the company's activity.
We’ll show you how to easily identify errors or omissions based only on the trial balance.
And we’ll show you the step-by-step process to prepare your 100% legally compliant income statement and balance sheet!
URGENT: Special Offer 25% discount only valid now!
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.
If your trial balance has errors, your financial statements will also be incorrect;
You use your balance sheet to declare your taxes to SARS annually – so it must be correct;
Your financial statements give a picture of the economic activity of your company; and
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!
The key to preparing 100% legally compliant financial statements - now in your hands!
• The format of:
Your pre-adjusted, adjusted and post-closing trial balance;
Your income statement and what each of the components are;
Your 100% correct balance sheet;
• Why you need financial statements;
• Your legal accounting reporting obligations; and
• Users of information from the balance sheet.
The mathematical verifications of your trial balance and why it’s so important:
• Verifying your calculations, entries and adjustments;
• Giving you a snapshot of your finances;
• Linking balance sheet accounts to the income statement accounts;
• Analysing your business and financial activity; and
• Practical examples and tips.
How you can use your trial balance to identify accounting errors and omissions
• Four errors your trial balance will show;
• Eight possible errors your trial balance won’t show; and
• How to overcome these.
How to prepare your income statement
• Reporting on your business operations;
• Income and expenses;
• Gross profit;
• Net income; and
• Distribution of net income to taxes and dividends payable.
How to prepare a balance sheet correctly so that it:
• Shows what your business owns;
• Shows the claims against your business;
• Is a snapshot at a certain date showing your business’ financial health;
• Is easy for users to read and:
Verify set legal reserves; and
Depreciate adjustments versus input values.
How to cross check your balance sheet with other reports including your:
• Fixed Assets Register; and
• Inventory list.
And lots more!
Plus loads of practical advice, correlations and real life examples to help you prepare correct financial statements.
Learn secrets that experts use to achieve fast and accurate financial statements!
Draw up 100% correct and legally compliant financial statements and get rid of errors in your accounting records ...
Submitting an inaccurate balance sheet;
Declaring incorrect taxes;
Non-compliance with the Income Tax Act;
Accounting practices that don’t meet IFRS standards;
Accounting records that aren’t in line with the Companies Act of 2008; and
Fines and penalties from SARS.
All About Financial Statements eReport helps you have an exact overview of the economic operations performed in your company. You’ll report the correct values and successfully cope with tax audits.
Order your copy of All About Financial Statements eReport now and don't pay R999. Pay only R799 excl. Vat (R910.86 incl. Vat).
Not only will you get all the secrets of preparing 100% legally compliant financial statements, but you’ll also get tools to prepare:
Your perfect financial statements to help verify the accuracy of your tax records.
Your error-free annual, quarterly or monthly income statement to report on your business operations.
Your correct balance sheet where all your accounts agree and balance.
Order the only report that gives you all the solutions to prepare your income statement and balance sheet correctly. Take advantage of the special price, only valid now!
Get rid of this maze of preparing financial statements
Now it's much easier!
The Financial Statements Guide contains exactly what you need: reliable advice and practical examples to prepare and check the accuracy of your financial statements.
All this information comes to you compiled by specialists with a collective amount of experience in accounting and tax. Including:
- Ms Domnica Vasiliu - Chartered Accountant, Tax Consultant and accredited Auditor.
- Oliver Chanyau – Professional Accountant
- Henk Heymans – Professional Accountant and Audit Partner
Be sure to get qualified support to solve your problems related to your financial statements!
Get all their experience, achieved over years of practice in the accounting field now! And make sure you:
Report exact figures;
Pay taxes perfectly calculated;
Pass a tax audit with flying colours; and
Your financial statements comply with the accounting regulations in South Africa.
Don’t delay! Order your copy of the most requested product this year. All About Financial Statements: Your complete guide to compiling 100% legally compliant income statements and balance sheets
Why should you buy the ONLY tool that clears the problem of preparing 100% correct and compliant financial statements?
If you got this far, you’re interested in solving specific problems: how to prepare correct financial statements and declare correct taxes.
And if you’re searching for solutions, it means you need them!
Choose the best! Choose the tool that offers it all! Don’t ask advice from peers or search the net! It’s unsafe and won’t solve the problem!
Choose professional help!
Get useful information, legal advice and practical examples generated every day. Information that you need for your management, auditors and tax returns.
Get All About Financial Statements: Your complete guide to compiling 100% legally compliant income statements and balance sheets. It has all the solutions you need! Order it now!
Wishing you much success in the profession, Kind regards,
Accounting Division, FSPBusiness
PS. The verification of your financial statements or... ALL YOUR MONEY BACK!
It’s the guarantee we offer you! You have seven days to decide if All About Financial Statements: Your complete guide to compiling 100% legally compliant income statements and balance sheets is helpful or not. If you don’t find it helps you prepare correct and compliant trial balances, income statements and balance sheets, and identify and correct any accounting errors, send it back to me and I’ll give you a full refund. No questions asked!
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The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. No action or inaction should be taken based solely on the contents of this publication. We do research all our recommendations and articles thoroughly, but we disclaim all liability for any inaccuracies or omissions found in this publication. No part of this publication may be reproduced or transmitted in any form or by means of electronic or mechanical, including recording , photocopying, or via a computerised or electric storage or retrieval system without permission granted in writing from the publishers.