Accounting and Book Keeping

Accounting is one of the most important processes required to run a business efficiently and profitably. Proper and accurate accounting and book keeping ensures easy monitoring of the financial success or failure of your business while effective up-to-date financial data enables informed decisions.
Moreover, as per the law of the land, all businesses are required to record, maintain and manage proper book of accounts as well as audit and submit them to the Income Tax Department and other regulatory bodies time to time.
However, recording and maintaining Accounts in house is turning out to be a tedious as well as an expensive affair. We at My Office Account provide you a full range of accounting and bookkeeping services that are aimed to reduce your time spent on routine tasks, enabling you to focus more on core business functions and increase profitability.

Financial Statements

Your company's financial conditions are of a major concern to you and other investors /stakeholders as business growth and profitability is at stake. More specifically, as an investor or a stakeholder you need to know where you money is spent and earned. The financial statement of balance sheet provides you answer to these issues.

Besides, you are also mandated to generate, file and keep records of your business financial statements. Section 129 of the Companies Act of 2013 states that the financial statements shall give a fair and true view of the state of affairs of the company based on proper accounting standards. The format for all the financial statement should be according to Schedule III of Companies Act, 2013.

We at My Office Accountant provide you comprehensive services in preparation of the following statement from Books of Account

  • Income Statement (Profit and Loss)
  • Balance Sheet
  • Trial Balance
  • Cash Flow Statement
  • Financial Analysis (Ratio Analysis, P/V Ratio, NPV)
  • Inventory Accounting and Report
  • Consolidated Financial Statements along with Subsidiary Company