Question:

What do you mean byfinalisation of accounts?

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What do you mean byfinalisation of accounts?

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   Report

3 ANSWERS


  1. as descibed above~!


  2. Basically, it's making sure all transactions within the specified accounting period are included, before the Accounts Reports are produced (Balance Sheet, P&L Statement etc).

  3. HI Finalisation of ACcounts requies Peparation of Balance Sheet, P&L A/C with comp[ly of regulatorty requirements,application of AAS, applicable laws & regulations, disclosure requiements. etc. So its not easy to expalin only by words. Its a practical aspect.  

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