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Financial Statements

Financial Statements & Financial Reporting Services

Alexander Bright offers financial reporting services designed to help business owners. We conduct routine accounting processes that produce detailed yearly financial statements and reports.

What Our Reports Entail

  • Balance sheet: A snapshot of your business’s financial condition at a single point in time. Shows the value of business’s assets, liabilities and owner’s equity at a particular point in time.
  • Profit and loss statement: Also called an income statement. Shows your business’s income and expenses over a period of time.
  • Cash flow statement: Shows changes to the cash coming into and out of your business over a period of time. Most importantly, it shows whether you can fulfil your short-term outgoing cash commitments.
  • Statement of changes in equity: Also called a statement of retained earnings. Shows changes in the equity of your business for a set time period. This statement is critical if there have been any recent changes in investment or structure of the company.

Why You Might Need Financial Statements

  • Financial institution: Requested by creditors or banks for the assessing facility of loan or credit.
  • Government institution: To establish your earnings, asset ownership and exposure to liabilities.
  • Investors and valuers: Financial statements work as the first point of reference to the financial health of your business.

Why Us?

Compliant Reports

We prepare yearly financial statements and reports in adherence to the latest reporting standard accepted by both GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards).

Detailed Notes

We provide clear and concise notes relating to the items in yearly financial statements and reports. These notes outline the basis on which these statements and reports were based and are conducted in compliance with Accounting Standards.

Comprehensive Reviews

We can provide a detailed schedule, reconciliation and analytical review performed against the items for further assurance of the reviewing party. This review and assessment process can help your business stay on track and in control of its finances. Our certified accountant will conduct a thorough review of your business’s finances and recommend ways to reduce costs, manage investments and boost your profit margin.

Find Out More Today

Discover a better way to manage your business’s financial obligations with Alexander Bright. Contact us online or call our Melbourne CBD office today for more information about our financial reporting services.

We Service
Why Choose Us?
Tailored Services
Tailored Services

We tailor a package that best suits your needs so that you don’t spend any extra on what you don't need.

Fixed Price Assurance
Fixed Price Assurance

We quote on fixed price packages upfront so that our clients can plan their expenditure better.

We Save you Time
We Save you Time

We enable businesses to focus on their core competencies by taking charge of what we do best.

Committed to Innovation
Committed to Innovation

We use the latest technologies to make our client processes as lean as possible.

Value Added Services
Value Added Services

We are not just your accountants but also your trusted business advisors.

Financial Wisdom
Financial Wisdom

Our lead B2B tax accountants & consultants are FCCA, CA & CPA with years of local and international experience in leading FTSE & ASX companies.

Have a Question? Frequently Asked Questions

Bookkeeping generally consists of day-to-day operational activities such as Payroll, Invoicing, Reconciliations, BAS lodgements that assist businesses in maintaining financial records etc

Whereas Accounting consists of generating Financial Statement, Yearly budget, Performance Analysis and other Strategic Advisory that assists business in strategic decision making.

Yes. We can tailor your engagement to accommodate elements that suits your day-to-day needs including access to the accounting software.

Yes, we provide a range of business advisory services, some included in our basic packages and some tailored to suit the client’s environment. Our Business Advisors have extensive International & Domestic Advisory experience across different businesses of varied sizes.

Please visit our Business Advisory page under service section.

Yes, we have access to data of more than 2 million small & medium-sized businesses by industry and business types.

Our benchmarking process would include flexing your financial information to make like to like comparison with that of benchmarking data and providing recommendations on improvements.

Tax Legislations and accounting standards change on regular basis and can impact various reporting processes. We have extensive resources from publishers and regulatory bodies to provide you with frequent updates on latest changes in legislation through newsletter, blogs & social media.

We also train our staff on regular basis and update our processes to reflect the application of the latest rules & best practices.

You will be allocated an account manager who will answer all your questions in the first instance.

Depending on the complexity or technicality of the question, we will either raise a service request or escalate it to the senior management.

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