Accounts Finalization

Dear Friends,

Now i have been appointed to Accounts Finalization, Could please you tell me;

1. what are the precautions i have to take before doing it?

2. What are the procedures i have to follow?

3. please provide me if you have any notes.

thanks

Replies (2)

Dear Mohamed,

while finalising the accounts you have to do reconciliation for provisions, debtors, creditors.

statutory commitments etc.,

for most of the b/s items you need to do the reconciliation.

keep updating

all the best

keep smiling

 

balaji sarangarajan

Dear Mohamed,

at the time of finalising your b/s if possibal take statements of debtor and creditors and reconsile them.

bank balance must be reconsiled. all the statutory balances must be tallyed.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details