21 March 2016
Dear friends Can u pls guide on how to do finalisation of accounts. As this is my first assignment of such a type. Your quick responses will be highly appreciated.
05 April 2016
Finalisation of Accounts includes Year end entries, Valuation of Closing Stocks, Physical verification of Stock according to book stock, Depreciation entries, Bank Reconciliation, Internal Financial Control verification, Preparation of Schedule III (if company), verification/rectification of statutory compliance, etc