Annual financial report

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Why do you need an annual financial report?

The annual financial statement is a mandatory document that reflects the financial position of the enterprise for the reporting period. This is necessary to ensure compliance with legislative requirements, tax control and analysis of economic activity. A timely and accurate report provides a number of advantages:

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✅ Regulatory compliance— guarantees that the report has been prepared in accordance with regulatory requirements.
✅ Financial transparency— shows the true position of the company's assets, liabilities and capital.
✅ Confidence of investors and partners— confirms the stability and reliability of the company.
✅ Effective tax planning— helps to optimise tax obligations and avoid possible sanctions.
✅ Reasonable management decisions— allows you to evaluate the results of operations and adjust the company's development strategy.

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What main statements are included in the annual financial statement?

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In Latvia, companies are required to prepare a number of reports as part of their annual financial statements, including:

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✅ Accounting balance— reflects the assets, liabilities and equity of the company.
✅ Profit and loss calculation— shows the income, expenses and financial results of the company.
✅ Cash flow statement— records cash receipts and expenses.
✅ Statement of changes in equity— reflects changes in the company's capital structure.
✅ Explanatory article— includes additional information on the activities of the company.
✅ Tax reports— includes declarations of corporate tax, VAT and other mandatory payments.

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How to ensure accuracy and timeliness in the annual financial statement?

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With our help, the preparation of the annual financial report takes place professionally and efficiently:

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✅ Consultation— we analyze the financial data of the company and determine the required amount of reports.
✅ Collection and processing of documents— we check the accuracy of all financial data.
✅ Preparation of the report— we prepare the balance sheet, profit and loss statement and other necessary documents.
✅ Submission of reports— coordinate the submission of reports to tax authorities and other institutions.
✅ Analysis and optimization— we evaluate financial indicators in order to improve the company's processes.

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Why choose our company for the preparation of the annual financial report?

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✅ Experienced specialists— professional accountants and auditors.
✅ Full range of services— from data collection to reporting.
✅ Confidentiality— we ensure the protection of your company's financial data.
✅ Accuracy and compliance— We minimize the risk of errors and omissions.
✅ Transparent tariffs— clear terms of cooperation without hidden costs.

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Want to receive a professionally prepared annual financial report?

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