Reporting and Financial Statement Preparation

High-quality financial information is essential for effective corporate governance, regulatory compliance and informed business decision-making. Grant Thornton prepares financial statements and management reports that provide a clear overview of a company’s financial performance and comply with Latvian regulatory requirements, International Financial Reporting Standards (IFRS), as well as the reporting requirements of corporate groups and other users of financial information.

Grant Thornton helps companies ensure the timely preparation of reliable financial reports for both statutory purposes and the needs of internal management, investors, lenders and other business partners. By tailoring the content and level of detail of financial reports to each client’s specific needs, we provide high-quality financial information that enhances transparency, supports strategic decision-making and helps businesses achieve their objectives.

Our Reporting and Financial Statement Preparation Services Include:

• Preparation of annual reports
• Preparation of consolidated financial statements
• Preparation of group reporting packages
• Preparation of regular management reports
• Preparation of income statements, balance sheets and cash flow statements
• Budget performance monitoring and variance analysis
• Preparation of budgets, financial forecasts and cash flow projections
• Preparation of financial analyses and key performance indicator (KPI) reports
• Preparation of statistical reports and other statutory reports
• Preparation of reports in accordance with corporate group requirements
• Preparation of financial statements in accordance with Latvian accounting regulations and International Financial Reporting Standards (IFRS)