The process of closing the financial year is a pivotal point for every business, determining its financial position and dynamics. The new book by Astbooks, "The Process of Closing the Financial Year & Preparing Financial Statements," offers a comprehensive tool for the correct preparation of balance sheets and income statements, covering compliance with tax, accounting, and commercial legislation.

The new edition provides practical guidelines for closing the financial year, physical inventory, account auditing, and tax adjustments, while analyzing all the required financial statements, such as the balance sheet, cash flow statement, and consolidated results.

Book Contents

With 8 specialized chapters, the book fully addresses the needs of professionals and businesses:

1. Inventory Measurement
2. Valuation of Fixed Assets – Depreciation
3. Control & Reconciliation of Asset & Liability Accounts
4. Equity Elements & Income Statement
5. Income Tax
6. Determination of Results – Profit Distribution – Financial Statements
7. Control & Submission of Financial Statements
8. Simplifications & Exemptions

The book includes detailed instructions, examples, and solutions that facilitate understanding and application even of the most complex adjustments.

Extra Benefits

With the purchase of the book, you gain free access to the online application "Financial Statements," for the easy and accurate preparation of balance sheets. Don’t miss the opportunity to acquire a valuable tool for managing the financial year and ensuring your business's compliance with current legislation.