Financial statement processing
We provide a range of accounting and reporting services, from day-to-day accounting to preparing the financial statements and reports required to comply with applicable legal standards and requirements.
Whatever the structure of your company, size and its activity (trade, services, administration, production, etc.) are, Baltic Assist offers its finance expertise to meet your short, medium and long-term needs and objectives by taking care of your company's accounting matters and preparation of financial statements.
Preparation of periodic/interim/specific/annual accounts
Preparation of stand-alone or consolidated accounts
Preparation of stationary accounts
Pricing
Scalable financial services
Full or partial operational support
Starting at-
Standard and advanced accounting tasks
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Payment processing
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RPA setup and operation
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Liason with 3rd party vendors
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General bookkeeping
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Payroll processing
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VAT reporting
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E-mail administration
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Financial statement processing
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Other financial tasks
Financial ERP partners we work with
Strategic partnerships with some of the leading ERP system providers enhance us with instruments to ensure the financial and operational efficiency of our clients.
We use it for accounting, budgeting, financial reporting, and much more.
Unlock your financial potential with our expertize
- Personalized financial strategies
- ERP consultation and integration
- Analysis and planning
- Virtual CFO know-how
Contact us today to discuss how we can improve your financial operations!
Steps to get your project up and running
Why choose Baltic Assist solutions for your financial statement processing?
Our professional expertise guarantees you the confidence that your financial records are in good hands. Our know-how, cutting-edge technology, and commitment to confidentiality and security make us the ideal partner for managing your financial statement processing requirements.
- Cutting-edge Technology. We use tech-savvy solutions to enhance the efficiency and accuracy of our financial statement processing services. Our commitment to staying abreast of industry advancements guarantees that you benefit from the latest tools and methodologies, allowing you to focus on core business activities.
- Confidentiality and Security. We understand the sensitivity of financial data. Our robust security measures and strict confidentiality protocols safeguard your information, providing you with peace of mind and assurance that your financial records are in safe hands.
Our expertise
- Preparation of periodic/interim/specific/annual accounts (balance sheet, profit and loss statement and others)
- Preparation of stand-alone or consolidated accounts
- Preparation of statutory accounts
- Filing of the annual accounts with state authorities
The above-mentioned financial services are addressed to the diverse needs of businesses - from the accurate preparation of periodic, interim, specific, and annual accounts - including essential documents like balance sheets and profit and loss statements - to the stand-alone or consolidated accounts tailored to organizational structures, these services ensure a holistic view of financial health. The expertise extends to the preparation of statutory accounts, ensuring strict adherence to legal frameworks and regulatory standards. Moreover, the filing of annual accounts with state authorities is managed with precision, emphasizing the commitment to timely and accurate submission to meet legal obligations and provide stakeholders with transparent insights into a company's financial standing.
This type of service involves coordinating with external auditors and preparing year-end accounting files for the audit process. We prepare comprehensive year-end accounting files, ensuring that all financial documents and records are meticulously organized and compliant with auditing standards. Due to financial statement processing services, the company can streamline the audit procedure, promote efficient communication, and enhance the transparency and credibility of financial reporting.
Preparation and filing of annual tax returns with the state authorities.
We offer a proactive partnership with tax advisors and external parties to ensure a comprehensive approach to tax-related matters. Baltic Assist takes the responsibility of preparing and filing annual tax returns on our clients, streamlining the process and minimizing the burden on businesses. Through effective communication with tax experts and third-party collaborators, the aim is to optimize tax efficiency, navigate complex regulations, and facilitate accurate, timely submissions to state authorities. This comprehensive service not only ensures compliance but also seeks to maximize financial benefits for clients while maintaining a focus on transparency and regulatory adherence.
Presentation and commentary of periodic/interim/specific/annual accounts to the board.
We take care of the preparation of management and group financial reports, offering a comprehensive overview of a company's economic performance. We can prepare insightful presentations and commentaries on periodic, interim, specific, and annual accounts, delivering clear and relevant information to the board. This service aims to give decision-makers a nuanced understanding of financial data, enabling informed strategic choices. Through precise reporting and effective communication, we aim to contribute to the board's ability to assess the company's financial health and make sound, data-driven decisions for future success.
Thorough review and analysis of the financial records.
Our finance professionals thoroughly review and analyse your company's financial records, providing invaluable insights for informed decision-making. Our dedicated team ensures a meticulous examination, identifying potential risks and opportunities.
Read more about financial news in our blog
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FAQ
It is the preparation, review, and formatting of your company’s financial statements — including balance sheets, income statements, and cash flow reports. We ensure they are accurate, properly structured, and compliant with your applicable reporting standards such as IFRS or local GAAP.
Yes. We handle multi-entity consolidation including intercompany eliminations, currency translation, and minority interest adjustments. Our team delivers consolidated reporting packages that are audit-ready and aligned with your group’s reporting calendar.
We work with IFRS, local GAAP frameworks across Europe and Scandinavia, and US GAAP where required. During onboarding, we align with your specific standards and templates to ensure seamless output.
We typically deliver monthly financial statements within 5–10 working days after month-end close, depending on data availability and complexity. For clients with streamlined processes, we can accelerate this to 3–5 working days.
Yes. We go beyond the numbers by including variance commentary, key driver analysis, and forward-looking observations. This gives your leadership team the context they need to make informed decisions without additional back-and-forth.