Achi Biz ServicesSample Accounting Report

Definition of Financial Accounting

Financial accounting is the process of recording, summarizing and reporting the myriad of transactions resulting from business operations over a period of time. These transactions are summarized in the preparation of Financial Statements, including the Financial Position also called as Balance Sheet, Income Statement and Cash Flow Statement that encapsulate the company’s operating performance over a specified period, Sample Accounting Report.
When ACHI BIZ is engaged for bookkeeping, accounting or annual reports services then all these applicable reports are prepared and provided digitally to support the un-audited Financial Statements (aka: Directors Report) together with required Schedules for Fixed Assets, Hire Purchases, Accruals, Advance Billing, Deposits Paid, Customer Deposits, Prepayments, Work-In-Progress, etc.