Praveen J & Associates
Accounting & Audit · Company Financial Statements

Company Financial Statements in India — Schedule III Compliant BS, P&L & Notes

Company financials Schedule III format mein chahiye? AOC-4 ready, audit-ready statements.

BS, P&L, Cash Flow, Notes to Accounts — Ind-AS / AS compliant.

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Common Problems Faced

Schedule III format not followed

Notes to accounts incomplete

Cash flow statement missing

Related party disclosures errors

AOC-4 rejection risk

Statements we prepare

  • Balance Sheet — Schedule III
  • Statement of P&L — Schedule III
  • Cash Flow Statement
  • Notes to Accounts & disclosures
  • Director's Report inputs
Note: Aligned with Companies Act, AS / Ind-AS and ICAI guidance.

Who Should Use This Service?

Private Limited Companies

Public Companies

OPCs

Subsidiaries requiring consolidation

Section 8 companies

Benefits

  • Schedule III compliance
  • Audit-ready package
  • AOC-4 / MGT-7 ready
  • Disclosure correctness
  • Board pack quality

Important Points

  • Ind-AS applicability depends on size
  • Cash flow mandatory above thresholds
  • Related party disclosures critical
  • Consolidation if subsidiary exists
  • Comparatives for prior year

Our Process

1

Trial balance review

2

Regrouping per Schedule III

3

Notes & disclosures drafting

4

Cash flow preparation

5

Final review & sign-off

Documents Required

Trial balance / books
Bank statements
Loan & investment schedules
Related party data
Statutory registers

Frequently Asked Questions

Format prescribed under Companies Act for company financial statements.

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