Ind-AS · Companies Act Schedule III · Accounting Advisory
फ़ाइनेंशियल रिपोर्टिंग एडवाइज़री
हमारी CA टीम Ind-AS और Schedule III के अनुसार आपके फ़ाइनेंशियल स्टेटमेंट तैयार करती है, बताती है कि कौन-से अकाउंटिंग स्टैंडर्ड आप पर लागू होते हैं, और ऐसी मैनेजमेंट रिपोर्ट बनाती है जिस पर बोर्ड और निवेशक भरोसा कर सकें।
- Standards Covered
- Ind-AS & Schedule III
- One-Time Turnaround
- 1-3 weeks
- शुरुआती कीमत
- ₹9,999+ + GST
- Advisory Team
- CA-Led
- CA-Led Preparation — financial statements drafted and reviewed by qualified CAs
- Ind-AS & Schedule III — formats aligned to Companies Act reporting requirements
- All Entity Types — Pvt Ltd, LLP, and larger private companies
- Audit-Ready Output — statements structured to move straight into your statutory audit
Get Your Financial Statements Reviewed
Share a few details and our accounting advisory team will get back to you with a scope and quote.
मुख्य तथ्य
ज़रूरी तथ्य, एक ही जगह
जो जानकारी आम तौर पर पाँच अलग-अलग पेजों से जोड़नी पड़ती है, वह सब एक ही जगह।
- Standards covered
- Ind-AS & Schedule III
- Companies Act, 2013 financial statement format
- Engagement type
- One-time or quarterly retainer
- Not a statutory filing with a fixed legal deadline
- Typical turnaround
- 1-3 weeks
- For one-time preparation, once records are complete
- Ideal for
- Pvt Ltd, LLP, larger private companies
- Also useful ahead of audit, funding, or a bank loan
- Team involved
- CA + Accounting Analyst
- Reviewed before final delivery
- Government fee
- None
- This is advisory and preparation work, not a statutory filing fee
- Starting price
- ₹9,999
- One-time preparation; scales with complexity
- Retainer option
- ₹15,000 - ₹40,000/quarter
- For recurring quarterly reporting needs
What is Financial Reporting Advisory?
Financial Reporting Advisory covers three related things that businesses often need together: preparing your financial statements (balance sheet, profit & loss, cash flow statement, and notes to accounts) in the correct format under Ind-AS and Schedule III of the Companies Act, 2013; advising on which accounting policies and standards actually apply to your specific transactions and industry; and structuring management reports that your board, lenders, or investors can act on.
This is distinct from bookkeeping and distinct from statutory audit. Bookkeeping records the transactions; financial reporting advisory takes those recorded transactions and presents them correctly - in the right format, with the right disclosures, following the right accounting treatment for things like revenue recognition, leases, or related-party transactions. Statutory audit, in turn, is an independent examination of those prepared financial statements, typically performed by a different, independent auditor.
Companies commonly need this when their existing accounting team doesn't have deep Ind-AS or Schedule III expertise, when preparing for a statutory audit or funding round, when accounting policies need a second opinion (for example, how to treat a new type of revenue or a lease under Ind-AS 116), or when management wants reporting that goes beyond the bare statutory minimum.
In-house preparation vs outsourced Financial Reporting Advisory
Many companies prepare financial statements in-house and only bring in outside help when something doesn't add up or a standard is unclear. Here's how the two approaches compare.
Outsourced Advisory (Bizeneed)
Qualified CA team familiar with current formats and disclosures
In-House Preparation
Depends entirely on in-house team's exposure to standards
| पहलू | Outsourced Advisory (Bizeneed) | In-House Preparation |
|---|---|---|
| Ind-AS / Schedule III expertise | फ़ायदा: Qualified CA team familiar with current formats and disclosures | कमी: Depends entirely on in-house team's exposure to standards |
| Cost structure | One-time fee or quarterly retainer, scoped to the work | Ongoing salary cost regardless of reporting volume |
| Consistency across periods | फ़ायदा: Standardised templates and review checklist every cycle | कमी: Can vary if prepared by different people or under time pressure |
| Second opinion on tricky policy calls | फ़ायदा: Built into the engagement | कमी: Requires a separate consultation, often after the fact |
| Audit readiness | फ़ायदा: Statements structured to move directly into statutory audit | कमी: Often needs rework once the auditor reviews it |
| Best suited for | Companies without deep in-house Ind-AS expertise, or wanting a second opinion | Larger companies with an experienced, dedicated finance team already in place |
Bizeneed विज़ुअल गाइड
फ़ाइनेंशियल रिपोर्टिंग एडवाइज़री
Financial statement preparation under Ind-AS and Companies Act Schedule III, accounting policy advisory, and management reporting. One-time from ₹9,999 or quarterly retainer.
- 1ज़रूरत समझना
- 2दस्तावेज़ तैयार करना
- 3फ़ाइलिंग पूरी करना
इस पेज पर AI टूल
इंतज़ार न करें - यहीं तुरंत मदद पाएँ, कोई फ़ॉर्म नहीं भरना।
पात्रता
Who needs Financial Reporting Advisory?
This service fits businesses at the point where 'good enough' bookkeeping isn't sufficient for how the financial statements will be used or shown externally.
- You're preparing for a statutory audit and want your financial statements audit-ready before the auditor starts, to reduce back-and-forth and audit fees
- You're a Private Limited Company or LLP crossing the size where Schedule III formatting and disclosure requirements start mattering more
- Your in-house accounting team maintains good books but doesn't have deep Ind-AS or Schedule III formatting expertise
- You're raising funding or applying for a bank loan and lenders or investors want properly formatted, professional financial statements
- You've had an accounting policy question flagged by your auditor or investor - like revenue recognition timing, lease accounting, or related-party disclosures - and want it resolved properly
- You want management reports (beyond the bare statutory statements) that actually help you run the business, not just satisfy compliance
- Your existing financial statements were prepared inconsistently across past years and need to be standardised
- You're a growing company that has outgrown a purely compliance-driven approach to your year-end financials
Who this typically suits
Pre-audit companies
- Businesses preparing statements ahead of their statutory audit
- Companies whose auditor flagged formatting or disclosure gaps last year
Funding / lending situations
- Startups and SMEs preparing statements for investors or lenders
- Companies needing a professional set of financials for a loan application
Growing private companies
- Businesses crossing thresholds where Schedule III disclosure requirements expand
- Companies adopting or transitioning to Ind-AS for the first time
कौन पात्र नहीं है
- Very small businesses with minimal transactions and no external reporting need may not require this level of formal advisory - basic bookkeeping and simple statements may suffice
- Listed companies with complex group structures typically need a full statutory audit firm engagement rather than a standalone advisory service
दस्तावेज़
What we need from you to get started
4 ज़रूरी · 4 लागू हो तो
चेकलिस्ट मुझे ईमेल करेंसभी एंटिटी के लिए एक जैसे
- Trial balance and general ledger for the reporting periodज़रूरी
- Access to your accounting software (Tally, Zoho Books, QuickBooks, or similar)ज़रूरी
- Bank statements for the full reporting periodज़रूरी
- Fixed asset register, if applicableलागू हो तो
- Details of loans, related-party transactions, and contingent liabilitiesज़रूरी
- Prior year's financial statements, for comparativesलागू हो तो
- Any specific accounting policy questions or areas your auditor has previously flaggedलागू हो तो
- GST returns and TDS filings for cross-verification of revenue and expensesलागू हो तो
एंटिटी के हिसाब से
| एंटिटी | अतिरिक्त दस्तावेज़ |
|---|---|
| Private Limited Company | Trial balance, fixed asset register, MOA/AOA for share capital structure, board resolutions for major transactions |
| LLP | Trial balance, LLP Agreement for profit-sharing terms, partner capital account details |
| Company transitioning to Ind-AS | Previous GAAP financial statements, opening Ind-AS balance sheet workings if already started, list of leases and financial instruments |
| Pre-audit engagement | Previous year's audit report and management letter, if available, plus all supporting schedules for the current period |
Get the financial statement preparation checklist
A one-page checklist of what to have ready before we start preparing your financial statements.
प्रक्रिया
How Financial Reporting Advisory works
Whether you choose one-time preparation or a quarterly retainer, the underlying process is the same - we just repeat it on a cadence for retainer clients.
Scoping call and records review
We understand your entity type, reporting period, applicable accounting standards, and any specific issues already flagged - by an auditor, investor, or your own team - before quoting the engagement.
Trial balance and ledger review
We review your trial balance and general ledger for completeness and obvious classification issues before starting statement preparation - catching problems here is far cheaper than catching them during audit.
Accounting policy assessment
We confirm which accounting policies and standards apply to your specific transactions - revenue recognition, lease accounting, related-party disclosures, provisions - and flag any areas needing a judgment call or management decision.
Statement preparation under Ind-AS / Schedule III
We prepare the balance sheet, profit & loss statement, cash flow statement, and notes to accounts in the correct Companies Act Schedule III format, with required disclosures included.
Internal review and management report
A second CA reviews the prepared statements before delivery. For clients who want it, we also prepare a management reporting summary highlighting key ratios, trends, and points worth discussing with your board.
Handover - to you, your auditor, or both
Final statements are delivered ready to hand to your statutory auditor, lender, or investor. For quarterly retainer clients, this cycle repeats each quarter with prior-period comparatives built in.
This is advisory and preparation work, not a statutory filing with a fixed government deadline - so there's no fixed 'processing time' set by any authority. Turnaround genuinely depends on how complete and clean your trial balance and supporting records are when we start; incomplete records are the single biggest cause of delay, not our own drafting time.
फ़ीस
Financial Reporting Advisory pricing
You can engage us for one-time financial statement preparation, or a quarterly retainer if you want this handled on an ongoing basis. There is no government fee - this is entirely our professional service pricing.
Essential Preparation
One-time statement preparation for straightforward entities
₹9,999 + GST
- Balance sheet, P&L, cash flow statement
- Schedule III formatting
- Basic notes to accounts
- One round of revisions
सबसे लोकप्रिय
Standard Preparation
For companies with related-party transactions, multiple revenue streams, or Ind-AS considerations
₹15,000 - ₹29,999 + GST
- Everything in Essential Preparation
- Full Ind-AS applicability review
- Related-party and contingent liability disclosures
- Management reporting summary
- Two rounds of revisions
Quarterly Retainer
For companies wanting recurring, standardised quarterly reporting
₹15,000 - ₹40,000/quarter + GST
- Quarterly statement preparation with prior-period comparatives
- Ongoing accounting policy advisory as issues arise
- Standardised management reporting each quarter
- Priority turnaround ahead of board meetings
फ़ीस का पूरा ब्योरा
| विवरण | सरकारी फ़ीस | प्रोफ़ेशनल फ़ीस |
|---|---|---|
| One-time financial statement preparation (Essential) | Not applicable | ₹9,999 + GST |
| One-time financial statement preparation (Standard) | Not applicable | ₹15,000 - ₹29,999 + GST |
| Quarterly reporting retainer | Not applicable | ₹15,000 - ₹40,000/quarter + GST |
| Accounting policy / Ind-AS advisory (standalone query) | Not applicable | Quoted separately |
कीमतों में GST शामिल नहीं है। लागू दर से GST आपके इनवॉइस में जोड़ा जाएगा।
किसी भी प्लान में शामिल नहीं:
- Statutory audit fees - this is preparation work, audit is a separate independent engagement
- Bookkeeping or ledger clean-up if your trial balance isn't ready (can be bundled with our accounting services)
- ROC filing of financial statements (AOC-4 and related forms) - a separate compliance service
- Ind-AS first-time transition/conversion projects for large entities (quoted separately based on complexity)
Which Financial Reporting plan fits your needs?
Answer three quick questions and we'll recommend the right plan.
फ़ायदे
What you get with Financial Reporting Advisory
Accuracy and compliance confidence
- Financial statements formatted correctly under Companies Act Schedule III, reducing back-and-forth with your statutory auditor
- Accounting policies applied consistently, with judgment calls documented rather than made ad hoc each year
Faster, cheaper audits and approvals
- Audit-ready statements can shorten your statutory audit timeline and reduce queries from your auditor
- Professionally prepared statements move faster through lender or investor review
Better internal decision-making
- Management reporting summaries that surface trends and ratios, not just compliance-minimum statements
- A standardised quarterly cadence (if you choose the retainer) so year-on-year comparisons are meaningful
अक्सर होने वाली गलतियाँ
Common mistakes in financial statement preparation
Starting statement preparation with an incomplete trial balance
Reconcile the trial balance and ledger fully before preparation begins. Statements built on an incomplete trial balance almost always need rework once gaps surface later.
Applying last year's accounting treatment without checking if it still applies
Accounting standards and their interpretation can evolve, and your transactions change year to year. Each cycle, confirm the treatment for revenue recognition, leases, and related-party transactions still fits - don't copy forward by default.
Treating Schedule III formatting as a final step instead of building it in from the start
Retrofitting statements into Schedule III format after the fact often surfaces missing disclosures. Prepare with the correct format and disclosure checklist from day one.
Not documenting judgment calls on accounting policy
When a policy involves judgment - like provisioning or revenue timing - document the reasoning. This is exactly what auditors and investors ask about, and having it ready avoids delays.
Waiting until the auditor flags an issue to fix it
It's cheaper and faster to get accounting policy advisory before your statutory audit begins, rather than reworking statements mid-audit under time pressure.
ऊपर बताई गई हर गलती का हल है - और ज़्यादातर गलतियाँ पहली बार में ही सही जानकारी देकर टाली जा सकती हैं। बाद में सुधारने से आसान है कि पहली बार में ही सही किया जाए।
अगर कुछ पहले ही गलत हो चुका है, या आप पक्का करना चाहते हैं कि ऐसा न हो, तो नीचे दी गई 15 मिनट की कॉल सबसे तेज़ रास्ता है।
Bizeneed क्यों
Why choose us for Financial Reporting Advisory
- CA-led preparation and a second-reviewer check before any statement is delivered, not a single-pass draft
- Genuine Ind-AS and Schedule III familiarity across a range of industries, not a one-size-fits-all template
- We prepare statements to move straight into your statutory audit, which typically reduces audit queries and turnaround
- Flexible engagement - one-time preparation when that's all you need, or a quarterly retainer if you want ongoing consistency
- We work alongside your existing accountant or bookkeeper and your statutory auditor, not around them
सवाल-जवाब
अक्सर पूछे जाने वाले सवाल
It's the preparation of your financial statements - balance sheet, profit & loss, cash flow statement, and notes to accounts - in the correct format under Ind-AS and Companies Act Schedule III, plus advisory on accounting policies and management reporting.
Yes. Different firms label this service slightly differently - 'Financial Reporting,' 'Financial Reporting Advisory,' or 'Accounting Advisory and Financial Reporting' - but the underlying work is the same: statement preparation, standards advisory, and management reporting.
No. This is a professional advisory and preparation service, not a statutory filing itself. It feeds into things that do have deadlines - like your statutory audit or ROC filing - but the advisory work itself is scoped around your engagement timeline, not a government due date.
Bookkeeping records day-to-day transactions and keeps your ledgers current. Financial Reporting Advisory takes those recorded transactions and prepares them into properly formatted, standards-compliant financial statements with the right disclosures and accounting treatment.
Financial Reporting Advisory is preparation work - we help you build the financial statements. Statutory audit is an independent examination of those statements, performed by an auditor who should be independent of the preparation process for proper segregation of duties.
Schedule III of the Companies Act, 2013 prescribes the format in which companies must present their balance sheet, profit & loss statement, and related disclosures. It standardises how financial statements look across companies, making them comparable and audit-ready.
Ind-AS (Indian Accounting Standards) are the accounting standards converged with global IFRS, applicable to certain classes of companies based on criteria like net worth and listing status. Smaller companies may follow other applicable accounting standards instead - we assess which framework applies to you during scoping.
Our Essential Preparation plan starts at ₹9,999 for straightforward entities. Standard Preparation, which covers related-party transactions and Ind-AS considerations, runs ₹15,000-₹29,999. A quarterly retainer for ongoing reporting is ₹15,000-₹40,000 per quarter.
Both. Many clients start with one-time preparation ahead of an audit or funding round. If you find you need this every quarter, a retainer works out more cost-effective and keeps reporting standardised period to period.
Typically 1-3 weeks once we have your complete trial balance and supporting records. The main variable is how complete your records are when we start - incomplete records extend the timeline, not our drafting process.
Mainly your trial balance and general ledger for the period, bank statements, and details of any loans, related-party transactions, or contingent liabilities. Access to your accounting software speeds things up but isn't strictly mandatory if you can export clean reports.
Yes. If your auditor or investor has flagged something - like how to treat a lease under Ind-AS 116, or when to recognise a particular type of revenue - we can advise on that specific question as a standalone engagement, separate from full statement preparation.
We prepare statements specifically to move into a statutory audit smoothly - correct format, required disclosures, and documented judgment calls. Your independent auditor will still perform their own examination, but well-prepared statements typically mean fewer queries and a faster audit.
No, ROC filing (such as Form AOC-4) is a separate compliance filing service. We prepare the statements themselves; filing them with the Registrar of Companies is typically bundled with our ROC compliance services if you need both.
We'll flag this during the scoping call. Depending on the gap, we can bundle bookkeeping clean-up before starting statement preparation, since accurate financial statements can't be built on an incomplete trial balance.
Yes. Even companies following other applicable accounting standards benefit from properly formatted Schedule III statements and a second opinion on accounting treatment - this isn't exclusively an Ind-AS service.
लेखक: Bizeneed Research Team, Service information
आख़िरी अपडेट: 9 September 2026
स्रोत
- Institute of Chartered Accountants of India (ICAI) (नए टैब में खुलता है)
- Ministry of Corporate Affairs - Companies Act, 2013 and Schedule III (नए टैब में खुलता है)
- Ministry of Corporate Affairs - Indian Accounting Standards (Ind-AS) (नए टैब में खुलता है)
- ICAI - Accounting Standards Board resources (नए टैब में खुलता है)
This page provides general information on financial reporting advisory services and typical Bizeneed pricing as of the last updated date. It is not a substitute for statutory audit, formal Ind-AS opinions, or legal advice - applicability of specific accounting standards depends on your company's facts and should be confirmed with our team.
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