Financial Statement Drafting
Accurate and well-structured financial statements are essential for strategic decisions, investor confidence, and regulatory compliance. Synpact Consulting’s Financial Statement Drafting Services help businesses present clear, compliant, and insightful financial reports aligned with accounting standards and stakeholder expectations.
We translate complex financial data into meaningful reports — ensuring precision, consistency, and transparency in every statement.
Why Choose Synpact for Financial Statement Drafting
- GAAP & IFRS Expertise: Our team prepares statements in full compliance with international and regional accounting standards.
- Accuracy & Consistency: Every figure is validated through reconciliations, trial balance reviews, and internal checks.
- Tailored to Stakeholders: Reports are formatted and structured for management, auditors, and investors alike.
- End-to-End Drafting Support: From raw trial balance to polished financial statements with notes and disclosures.
- Multi-Entity Consolidation: Expertise in group financial statements and intercompany eliminations.
- Audit & Regulatory Readiness: Ensure every schedule and note aligns with audit and filing requirements.
- Confidential & Secure: All financial data is handled under strict confidentiality and access controls.
Our Financial Statement Drafting Services Include
- Trial Balance Review & Adjustments – Validate ledgers, accruals, and classifications before drafting.
- Preparation of Primary Financial Statements – Draft Balance Sheet, Profit & Loss, and Cash Flow Statement.
- Statement of Changes in Equity – Record retained earnings, reserves, and capital adjustments.
- Notes to Accounts & Disclosures – Prepare explanatory notes, accounting policies, and regulatory disclosures.
- Consolidated Financial Statements – Prepare multi-entity financials with eliminations and segment reporting.
- Comparative Analysis & Commentary – Include prior period data and management commentary on key trends.
- Audit Coordination – Support auditors with reconciliations, supporting schedules, and disclosures.
- Regulatory Compliance Review – Align with GAAP, IFRS, IND-AS, or other jurisdictional standards.
Process & Workflow
- Data Collection & Review – Gather trial balances, ledgers, and prior financial reports.
- Reconciliation & Adjustment – Validate accounts and make necessary corrections or reclassifications.
- Statement Drafting – Prepare core statements with supporting notes and disclosures.
- Review & Validation – Conduct internal reviews for accuracy, consistency, and compliance.
- Client Review & Feedback – Present draft financials for management or auditor input.
- Finalization & Delivery – Submit finalized, ready-to-file financial statements with all supporting schedules.
Industries & Use Cases
Industries / Sectors Covered:
• Technology & SaaS
• Healthcare & Life Sciences
• Manufacturing & Industrial
• Retail & Consumer Goods
• Energy & Infrastructure
• Financial & Professional Services
Use Cases:
• Startups preparing annual statements for investors or audits
• SMEs needing accurate, compliant financial statements for filing
• Corporates with multi-entity or consolidated reporting requirements
• Firms transitioning from cash to accrual accounting
• Companies undergoing external audit or regulatory inspections
Frequently Asked Questions (FAQs)
Q: Which accounting standards do you follow?
A: We prepare statements as per GAAP, IFRS, or local standards like IND-AS, depending on client needs.
Q: Can you prepare consolidated financials?
A: Yes, we handle group consolidations, eliminations, and segment reporting.
Q: Will you provide disclosures and notes as well?
A: Absolutely — our drafts include all required disclosures and accounting policy notes.
Q: Can you work directly with our auditors?
A: Yes, we collaborate with audit teams to ensure accuracy and compliance.
Q: How long does the process take?
A: Typically 5–10 business days, depending on data readiness and complexity.
Call to Action
Need accurate, compliant, and professional financial statements for your business?
Synpact Consulting’s Financial Statement Drafting Services deliver clarity, compliance, and confidence — every time.
Contact: [email protected] to request a sample financial statement or schedule a free compliance consultation.