Financial statements
Preparation support for profit and loss, balance sheet, cash-flow information and supporting schedules.
Understand performance. Explain the numbers.
Financial statements & management reporting
Financial statement preparation, management reports, consolidation schedules and cash-flow reporting for businesses in Canada, Lebanon and internationally.
How we helpPractical support.
Practical support.
Clearly defined deliverables.
Framework alignment
Reporting support under the agreed applicable framework, including IFRS, ASPE or relevant GAAP requirements.
Group reporting
Consolidation schedules, intercompany reconciliations and reporting packs for multi-entity businesses.
Management reporting
Budget comparisons, performance indicators and explanations that connect results to business activity.
A straightforward way to workUnderstand.
Understand.
Agree.
Move forward.
- We understand your business, systems and priorities.
- We agree the scope, deliverables, responsibilities and fees.
- We establish access and the information we need.
- We deliver the agreed work and review the next steps.
Services are tailored to your jurisdiction and business. Specialist work and additional requirements are scoped separately.
Financial statements & management reporting
What to prepare for our first conversation
- Who needs the reports and the required delivery date
- The entities, periods and reporting framework involved
- Current accounts, budgets and any lender reporting requirements
Start with an outline of your needs. Share confidential records through the client portal once your engagement and access are arranged.
Questions about this service
Can you turn my bookkeeping into useful management reports?
BMD can organise the agreed financial statements, budget comparisons and performance measures into a reporting pack. We first establish who will use it, the reporting period, the decisions it needs to support and whether the underlying books are ready. Bookkeeping corrections are identified before the reports are finalised.
Does financial reporting include an independent opinion?
No. This service covers preparation and reporting support, including consolidation schedules where agreed. It does not include an independent opinion or assurance conclusion. If a bank, investor or regulator requires assurance, tell us before the scope is agreed so that the appropriate professional involvement can be identified.
How often can we receive management reports?
Monthly, quarterly or annually, depending on your needs and the condition of your bookkeeping. The reporting pack, the timetable and who provides which information are agreed in the engagement, so reports arrive on predictable dates.
Let’s make your
next step a clear one.
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