Ahmed Masum & Co.

Chartered Accountants

Service

Financial & Consolidated Statements

Preparation of Individual Financial Statements Consolidation of Group Accounts Compliance and Reporting Standards

We provide comprehensive assistance in the preparation and presentation of complete sets of financial statements, including the Statement of Financial Position (Balance Sheet), Statement of Profit or Loss and Other Comprehensive Income (Income Statement), and Statement of Cash Flows, in strict compliance with applicable International Financial Reporting Standards (IFRS).

Our services cover the accurate classification, recognition, measurement, and presentation of financial information to ensure that the financial statements are reliable, transparent, and compliant with relevant accounting requirements. We also assist with supporting schedules, necessary disclosures, and financial statement notes to ensure completeness and consistency. For business groups with multiple subsidiaries, associates, or other related entities, we prepare consolidated financial statements by appropriately combining the financial information of group entities. This includes the identification and elimination of intra-group transactions and balances, consideration of non-controlling interests, and application of relevant consolidation requirements. The resulting consolidated financial statements provide management, shareholders, investors, regulators, and other stakeholders with a clear, accurate, and comprehensive view of the group’s overall financial position, financial performance, and cash flows.
Preparation of Individual Financial Statements
We assist to prepare detailed balance sheets, income statements, and cash flow statements for each entity, ensuring compliance with IFRS and reflecting true financial performance.
Consolidation of Group Accounts
For business groups, financial information from subsidiaries is consolidated to present a unified and transparent view of the group’s overall financial position and results.
Compliance and Reporting Standards
All statements are prepared following International Financial Reporting Standards (IFRS) and relevant local regulations to maintain consistency, comparability, and global credibility.