This course is designed to equip participants with comprehensive knowledge and practical skills necessary for finalizing balance sheets in accordance with the Companies Act 2013 for statutory audit purposes. Participants will gain an in-depth understanding of the regulatory requirements, accounting principles, and auditing standards relevant to balance sheet finalization. Through a blend of theoretical learning and practical case studies, participants will develop the proficiency to accurately prepare and review balance sheets, ensuring compliance and accuracy. Course Objectives: 1. Understand the regulatory framework governing balance sheet finalization under the Companies Act 2013. 2. Gain familiarity with the key components of a balance sheet and their classification as per accounting standards. 3. Learn the process of reconciling financial statements and identifying discrepancies. 4. Develop skills in identifying and addressing common audit issues related to balance sheet finalization. 5. Acquire knowledge of disclosure requirements and presentation formats for balance sheet items. 6. Explore practical techniques for efficient and effective balance sheet finalization within statutory audit timelines. 7. Enhance proficiency in utilizing accounting software and tools for balance sheet preparation and review. Target Students: • Accounting professionals • Auditors • Finance managers • Company secretaries • Professionals involved in statutory audit processes Prerequisites: Basic understanding of accounting principles and familiarity with the Companies Act 2013 would be beneficial. Course Module content: • 1: Introduction to Balance Sheet Finalization • 2: Key Components of a Balance Sheet • 3: Reconciliation and Adjustment Processes • 4: Audit Considerations and Common Issues • 5: Disclosure Requirements and Presentation Formats • 6: Practical Approaches to Balance Sheet Finalization • 7: Case Studies and Practical Exercises • 8: Review and Assessment