OUR SERVICES

Reporting and monitoring includes a wide scope of services and looks into every aspect of the company. FSI adopts a structured approach to deliver the maximum benefits of financial monitoring and reporting services.

Income Statement – It summarizes the costs, earnings, and expenses over a period, which may be quarterly or annual. We also provide statements detailing the information for the last 12 months provided on a monthly basis. The primary objective is to determine if your organization is profitable or not.

Balance Sheet – It is one of the most crucial financial statements for a company. The balance sheet summarizes the company’s assets, equity, and liabilities at a particular point in time. It shows an organization’s financial health at a given time, which can be monthly, quarterly, or annual. Internal stakeholders use the balance sheet to determine if the company is progressing in the right direction. External users may analyze the balance sheet to make an investment decision as it provides insights to how available resources are being used.

Cash Flow Statement – This statement shows the means and uses of funds for a particular period. In other terms, it shows the cash generated by the business and how this money is being spent. This statement is important for successful management of an organization and comprises elements from the income statement as well as the balance sheet. Our team divides the cash flow statement into three parts. The first is the operating cash flow, which depicts the earnings, expenses, profits, and losses. The next section is the investing cash flows depicting cash from equity and debt purchases and sales. The last part is the financial cash flows that report long-term liabilities like loan repayments and equity line items, such as sales of company shares.

REPORTS

Operational Analysis Report – The operational analysis report depicts costs, earnings, and expenses by categories. It comprises data for a particular month and compares the various data points for the current and previous years.

Business Analysis Report – It comprises information from the income statement, balance sheet, and cash flow statement. The data is used to calculate various performance metrics and analyzing the company’s financial performance.

Financial Analysis Report – It evaluates the current month’s balance sheet with the previous month. This report is used to analyze the changes in assets, equity, and liabilities of the company.

Bank Reconciliation Report – This report reconciles the cash balance as seen on the company’s books on a specific date with the account balance in the organization's bank.

Detailed General Ledger – It includes all the activities of the business during a month.

REGISTERS

Payroll Register – This register includes the monthly details of the personnel in an alphabetical order. It comprises the payroll tax implications and other deductions along with the gross pay for every employee in the company.

Journal Entry and Check Register – The journal entry register records details on all the cheques issued during a month. This register is reconciled with the general ledger to check where these expenses are charged.

WHY FACTSHEET ?