Solutions
Solutions
Solutions
Solutions
Buy
   Home  » Solutions  » Checklists  » Financial Reporting Checklist



Task Management Software

Business Management
Project Management
Process Management
Task Management
Employee Management
Customer Management
Marketing
Sales Management
Finance Management
Product Management
Company Activity
Office Management
Document Management
Other Management
Crisis Survival
Skills Development
Education
Household
Cleaning
Family
Holidays
Event
Travelling
Safety
Miscellaneous

VIP Task Manager Professional

Play VIP Task Manager demo Play Demo >>

  Authorization

Login:
Password:
Forgot your password?
Login As:
Login As
You can log in if you are registered at one of these services:
  TESTIMONIALS
"...This is an excellent program. I'm so glad that I stumbled on to this when researching for task management programs. Very low learning curv, quite flexible, and the price is right. Tried at least 20 other programs, either too complicated, too expensive, or poor documentation..."
Chad Lindsey -
Honolulu, HI

Financial Reporting Checklist

 

All Travel Checklists

Financial Reporting Checklist A financial report on your company allows you to ascertain the company’s current financial capability and determine its financial position in the marketplace. If you need to write such a report this Financial Reporting Checklist will be helpful as it gives a range of tips and suggestions for report writing.


Order 750 checklists in MS Word and PDF printable format at $49.99 USD only. BUY NOW! 

  1. Prepare the Financial Statements.
    • Balance Sheet, a financial statement showing your organization’s present condition, including the owner equity as well as current assets and liabilities.
    • Income Statement (aka Profit & Loss Statement), a finance management document providing information on business operations including income, profits and expenditures.
    • Statement of Earnings, a kind of financial reports showing changes occurred in the retained earnings of an organization.
    • Statement of Cash Flows, a formal document presenting data about an organization’s financing, investing and operating activities.
  2. Reconcile the General Ledger.
    • Hold a meeting with your chief accountant to discuss your effort for general ledge reconciliation.
    • Request the chief accountant for reviewing the general ledger.
    • Review the general ledger and verify that it has been updated through the date the financial statements are prepared for.
    • Adjust journal entries for the key items such as depreciation and amortization.
    • Check the document for account code errors.
    • Review the prior accounting period’s general ledger reconciliation for "un-reconciled" items or any items outstanding from the prior period.
    • Be alert for fluctuations in account balances or any entries that were recorded twice in the general ledger.
    • Confirm that duplicated journal entries are incorrect and then request the chief accountant for investigation and further correction.
    • Confirm that general ledge reconciliation is done when all amendments and corrections has been applied to the document.
  3. Write a Financial Report.
    • Review the financial statements and the general ledger to gather and analyze information about property assets, recent liabilities unpaid for, and receivables that have not come in within your reporting date.
    • Plan your report structure by two main sections such as "Assets" and "Liabilities".
    • Fill up both sections with the information you’ve got from the financial statements and the general ledger.
    • Make a comparison between the sections to estimate your current income in terms of assets and liabilities.
    • Calculate the value of the remaining net income by comparing income to expenses.
    • Add the calculated value to additional assets of your organization.
      • If you get a negative result (net income is negative), dedicate it from the amount of the remaining assets.
      • If you get a positive result, add it to the value of these assets.
    • Review the obtained value of the remaining...


Order 750 checklists in MS Word and PDF printable format at $49.99 USD only. BUY NOW! 

CentriQS Tasks Management Solution new

Looking for multi-user task management software? Try CentriQS complete task management solution for planning, tracking and reporting tasks, projects, and schedules. Increase productivity of your small business or office by better organizing your employees' tasks and time.

FREE Download CentriQS

Software  
CentriQS new -15% OFF
All-in-one business management software
for small and midsize enterprises

VIP Task Manager
Multi-user project management software
to plan, schedule and track project tasks.

VIP Checklists
More than 750 ready-to-use to-do lists
to plan your personal and business life

VIP Team To Do List
Professional task management software
to make and send team todo lists by email

VIP Organizer
Personal time management software
to organize time at home and at work

VIP Simple To Do List
Simple and effective to-do list software
to plan daily chores, trips, wedding, etc.

  Products *Solutions* Download Buy Support Contact My Account 

  Copyright © 2004 - 2024 VIP Quality Software, Ltd. All Rights Reserved.

 
Site Map
Legal Information