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TERMS OF ENGAGEMENT All Accounting Solutions Limited will prepare your annual financial statements, all Inland Revenue returns where required, provide advice, and any other jobs as requested, from
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Gather all financial documents such as balance sheet, income statement, and cash flow statement.
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Review and analyze the financial data to ensure accuracy.
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Fill out the balance sheet by listing all assets and liabilities, and calculating the total equity.
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Complete the income statement by detailing all sources of revenue and expenses to calculate net income.
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Prepare the cash flow statement by documenting all cash inflows and outflows to determine the net change in cash.

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Financial statements are formal records of the financial activities and position of a business, person, or other entity.
Companies, corporations, and other entities are required to file financial statements, depending on the regulations of the jurisdiction in which they operate.
Financial statements are typically filled out by accountants or financial professionals using the company's financial data and accounting records.
The purpose of financial statements is to provide information about the financial performance, position, and cash flows of an entity, which is important for decision-making by investors, creditors, and other stakeholders.
Financial statements typically include a balance sheet, income statement, statement of cash flows, and statement of changes in equity, providing information on assets, liabilities, income, expenses, and equity.
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