Preparation of Financial Statements PKF specializes in preparing both individual and consolidated financial statements in accordance with the Accounting Act or International Financial Reporting Standards (IFRS), ensuring compliance with current regulations. Our offerings also include the compilation of financial statements, the preparation of consolidation packages for capital groups, and periodic financial reports essential for proper financial management.
We understand the challenges of converting financial statements prepared under the Accounting Act to International Financial Reporting Standards (IFRS) and other regulations. Therefore, we offer professional advice and support in this area, as well as handling external audits conducted by certified auditors.
Financial Reporting at PKF Preparing financial statements requires not only time but also knowledge and experience. By providing top-tier services, we ensure that all necessary information is disclosed clearly and accurately, allowing for a faithful representation of the entity's financial situation. Information such as transactions with related parties, collateral on company assets, or contingent liabilities are crucial for a complete and transparent financial picture.
Offering support in the preparation or compilation of statements in accordance with the Accounting Act or IFRS, we commit to delivering the highest quality services that not only meet clients' expectations but also contribute to improving their operational and financial efficiency.
Financial Statement Preparation Service - What Does It Involve? The financial statement preparation service involves creating an official document that presents the company's financial situation, including its profits, losses, assets, and liabilities. This comprehensive process requires knowledge of applicable accounting and tax regulations, aiming to ensure the transparency and reliability of financial information presented to owners, investors, financial institutions, and other interested parties. At PKF, the financial reporting service includes actions such as:
Verification of bookkeeping entries and balance analysis at the end of the financial period Support for management in preparing the company's activity report Providing templates for annual financial statements in Polish and English Preparation of individual and consolidated financial statements according to the Accounting Act or IFRS Compilation of financial statements Preparation of consolidation packages for capital groups Preparation of periodic financial reports Conversion of financial statements prepared under the Accounting Act to IFRS and other regulations Handling external audits by certified auditors Preparing financial statements is a time-consuming and complex task. The financial statement must disclose various information clearly and accurately to provide its users with a faithful representation of the entity's financial situation, such as transactions with related parties, collateral on company assets, or contingent liabilities. We offer support in preparing or compiling statements in accordance with the Accounting Act or IFRS.
Who Is the Financial Statement Preparation Service For? Our financial statement preparation service is aimed at a broad spectrum of enterprises—from small firms to large corporations operating in various sectors of the economy. The financial reporting service is particularly beneficial for entities that must comply with legal financial reporting requirements and those aiming to ensure financial transparency for investors, banks, and other stakeholders. It is also a valuable tool for companies planning growth or seeking financing.
Benefits of Financial Statements for Entrepreneurs Access to high-quality services provided by specialists with up-to-date knowledge of accounting and tax regulations Time savings Minimization of errors and legal non-compliance Tax optimization Professional advice that can contribute to better financial management of the company Ability to focus on key business aspects, increasing operational efficiency At PKF, we specialize in preparing financial statements for companies, particularly joint-stock companies, tailoring our services to the unique needs of each business, from rapidly growing start-ups to established corporations. We offer comprehensive support at every stage of the process—from precise verification of accounting data to compiling reports according to Polish accounting standards and IFRS. With our experience in preparing company financial statements and deep expert knowledge, we provide our clients with security, time savings, and tax optimization. Don’t wait-contact us now to find out how we can help accurately reflect your company's financial situation and strengthen its market position.