Step 1: Initial Consultation & Requirement Assessment (1-2 Days) We understand your business type, financial year-end, applicable accounting standards, previous statements (if any), and specific compliance requirements.

Step 2: Document & Data Collection (3-5 Days) We gather all financial records—bank statements, sales and purchase invoices, expense receipts and bills, payroll records, loan documents, and fixed asset registers.

Step 3: Books of Accounts Review (3-7 Days) Our team reviews and reconciles bank accounts, verifies ledger entries, checks voucher documentation, and ensures completeness and accuracy of recorded transactions.

Step 4: Adjustments & Corrections (2-5 Days) We make necessary accounting adjustments—depreciation calculations, provision entries, accruals and prepayments, inventory valuation, and rectification of errors.

Step 5: Financial Statement Drafting (5-7 Days) We prepare complete financial statements including balance sheet, profit & loss statement, cash flow statement, notes to accounts, and directors’ report/management commentary.

Step 6: Review & Quality Check (2-3 Days) Our senior accountants review statements for accuracy, compliance verification against applicable standards, consistency checks, and error identification.

Step 7: Client Review & Feedback (2-3 Days) We present draft statements to you, explain key figures and ratios, address questions or concerns, and incorporate any feedback or corrections.

Step 8: Finalization & Certification (1-2 Days) Final statements are prepared, certified by authorized signatories, formatted for regulatory filings, and delivered in required formats (PDF, Excel).

Step 9: Filing Support (If Required) We assist with MCA annual return filing, income tax return preparation, audit coordination, and other regulatory submissions.

Total Timeline: 3-5 weeks (depending on business size, transaction volume, and data availability)