Urgent Accounting Reports.

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Date: October 14, 2008, 01:08 PM
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Nairaland Forum  |  General Discussion  |  Career Talk (Moderator: debosky)  |  Urgent Accounting Reports.
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Author Topic: Urgent Accounting Reports.  (Read 211 views)
chukymoney (m)
Urgent Accounting Reports.
« on: October 14, 2006, 09:55 PM »

Please can any one in the house,give me format on how a monthly financial statement look like, which i have to prepare before  the acconting proper.please i have the task of computing it.i can only remember,trading-profit and loss account up to balance sheet after extracting from a trail balance,i use to believe is done on a yearly basis.I did insurance while in school,
   please ANY ACCOUNTANT IN THE HOUSE TO HELP ,
chukymoney (m)
Re: Urgent Accounting Reports.please let me have your idea......
« #1 on: October 16, 2006, 12:34 AM »

 still waitng to here from you guys,
uncleb (m)
Re: Urgent Accounting Reports.
« #2 on: October 16, 2006, 12:10 PM »

hi,
 here are the components of f/s:
 
 P & L Account
Balance Sheet
Cash flow Statements
 Follow by the notes to the account which explains how u arrive at major items like Turnover, Selling exp, admin exp incluyding your fixed asset schedule

 then your Value added statement.
 But this may not have to be followed strictly because you have to adopt a format that suit your purpose . i.e if you are preparing it basically for management use.

 Best regards, am available on 08027177994 or 08069097051 or unclebee07@yahoo.com
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