29 August 2010
What is the step by step correct way of finalization of a/cs.? What imp points/mistakes that should be keep in mind while finalisation of any company/organisation's final a/c.
30 August 2010
Scrutinise each ledger (assuming this is a small company with reasonable number of ledgers) Establish that closing balance as at TB date can be explained. Prepare the P&L, BS and CF Compare the same with budget and also with previous year. Analyse the differences.
NB- The question is a bit of broad sense, so I am not sure I did justice to your question.
CAclubindia
