Balance Sheet

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Balance Sheet Services

 

What is a Balance Sheet and why is it necessary?

Balance Sheet is a financial statement that summarizes a company’s assets, liabilities and shareholders’ equity at a specific time. We can use this report to get a complete picture of the financial results and financial position of a business on the last date of the financial year. 

You must file the Balance Sheets within 150 days after the end of its accounting period.  If a company fails to submit within the required time, the company and/or its responsible officer is liable to a certain penalty or fine.

Magna Carta Balance Sheet Services

Our team of licensed accountants with proven record of professional experience advise our clients in all aspects of accounting. We offer balance sheet services by preparing and submitting your company’s audited balance sheet to the Revenue Department and other related government agencies according to the law.

 

Please See Annual Balance Sheets FAQ

 

Please See Related Pages under Accounting Services