Automate Financial Statements | Automate Ledgers, Trial Balance and Financial Reports

Professional’s Legacy is a platform which provides following services: Practice File Download: https://docs.google.com/spreadsheets/... Part 02:    • How to Prepare Consolidated Financial Stat...   1. For Professional Trainings Fill this form: https://forms.gle/e8CFWLrppCpNNrTQ6 Trainings Include: Data Analysis with Excel Preparation of Financial Statements Audit of Financial Statements Financial Modeling & Valuation Analysis Financial Reporting & Analysis with PowerBi Income Tax Pakistan Accounting Software Value Added Tax for Gulf Countries Freelancing Master-Class Preparation of Financial Statements in Excel – Course Outline Module 1: Getting Started Build the foundational knowledge required to begin financial statement preparation. Understanding business nature and operations before initiating accounting, Arranging and sorting available business data using Excel Identifying required documents and records for financial statement preparation Overview of accounting cycle: journal entries to final statements Using Excel as a tool for step-by-step financial preparation Module 2: Case Study 01 – Sole Proprietor (Individual) Perform complete financial statement preparation for a sole-proprietor service/trading business using Excel. Full bookkeeping workflow using Excel from raw data to final accounts Creating entry sheets for daily transactions Designing General Ledger and recording entries by account Preparing Trial Balance and Profit & Loss Account Drafting the Balance Sheet and full set of Financial Statements Performing closing procedures: depreciation, adjusting entries, salary & tax workings Working on Current Tax, Advance Tax and Deferred Tax in Excel Module 3: Case Study 02 – Partnership Firm (AOP) Explore accounting treatment unique to partnerships and prepare financial statements accordingly. Understanding accounting and legal differences in AOPs Creating formats for Capital/Equity Accounts of Partners Recording partner salaries, interest on capital, and profit-sharing ratios Preparation of GL, Trial Balance, Profit & Loss and Balance Sheet with partnership structure Adjustments, taxation, and closing entries specific to partnerships Module 4: Case Study 03 – Companies (Private Limited) Perform advanced financial statement preparation for corporate entities with focus on compliance and reporting standards. Understanding structure, compliance, and reporting requirements for companies Handling complex transactions and adjusting entries under Companies Act 2017 Preparation of complete set of financials: Profit & Loss, Balance Sheet, Notes to Accounts Advanced workings: Deferred Tax, Accruals, Provisioning and Closing Books Preparation of Cash Flow Statement using indirect method Working with multi-sheet linking and cross-sheet automation in Excel 2. For Career Guidance or meeting Fill this Form: https://forms.gle/m4cENmdZHKgLDkF37 Contact: Admin: +92300-0855025 WhatsApp Only Email us: [email protected] Website: Professionallegacy.org Disclaimer: Our platform does not intend to exploit society and complies with all government/entity/public or private organization and individual rules and regulations. We provide our views for educational purposes only, and all decisions remain in the audience/viewer's hands.