Financial Statement 2025 Series

Preparing a financial statement is a complex, multi-stage process that demands timeliness, precision, and strict adherence to current legal regulations. Each phase, from data collection to final approval, requires meticulous planning and execution. To assist you in navigating this intricate process, MDDP Outsourcing presents a series of articles titled “Financial Statement 2025,” offering practical insights and guidance for each step.

Key Topics Covered in the “Financial Statement 2025” Series:

1. Schedule of Works on the Financial Statement: The Key to Effective Reporting
   Preparing the financial statement requires a well-considered schedule. Read our article to learn about the key stages and deadlines that ensure this process is efficient and flawless!
2. Determining the Form of Financial Reporting: Key Aspects
   Choosing the right financial reporting framework is crucial for every entity. Should you follow the Polish Accounting Act or IFRS? What are the key differences, and who can benefit from simplifications? Explore the essentials of efficient and compliant financial reporting in our latest article and learn how MDDP Outsourcing can help streamline your processes.
3. Audit Obligation and Selecting the Auditing Company: Key Aspects
   Is your company obligated to audit its financial statements? Discover the key requirements under the Polish Accounting Act, how to select the right auditing company, and the steps to ensure compliance. Learn how expert guidance from MDDP Outsourcing can simplify the process.
4. Inventory of Assets and Liabilities and Their Valuation
   Inventory is a cornerstone of accurate financial reporting, ensuring the reliability of your accounting books. Discover the main methods, deadlines, and documentation requirements for inventory of assets and liabilities, and learn how to stay compliant with the Polish Accounting Act. Explore our article for actionable insights!
5. Valuation of Assets and Liabilities on the Balance Sheet Date
   Accurate valuation of assets and liabilities is essential for reliable financial reporting. In this article, we outline the key rules under the Polish Accounting Act and IFRS, explore methods for valuing different balance sheet items, and explain what to do in cases of financial uncertainty. Stay compliant with MDDP Outsourcing’s expert guidance.
6. Preparation and Signing of the Annual Financial Statement: A Step-by-Step Guide
   Preparing and signing the annual financial statement is a challenging yet essential task for every entity. From inventory and balance reconciliation to electronic signatures and approvals, this comprehensive guide covers all the key steps to ensure compliance with Polish regulations. Discover practical insights and tips from MDDP Outsourcing to streamline your process.
7. Consolidation of Financial Statements: Key Rules and Requirements
   Consolidating financial statements is essential for presenting the financial performance of a capital group. This guide outlines key rules under the Polish Accounting Act and IFRS, exemptions, deadlines, and differences between regulations. Discover how MDDP Outsourcing’s expertise can make the process seamless and compliant.
8. E-Statements: A Guide to Electronic Reporting of Financial Statements
   E-statements are now a legal requirement for all entities keeping accounting books in Poland. In this article, we outline the rules for preparing and submitting electronic financial statements, key deadlines, and the benefits of modernizing financial reporting. Learn how MDDP Outsourcing’s solutions can make this process seamless and error-free.
9. Sending a Financial Statement After the Deadline: Consequences and Procedures
   Missing the deadline for filing financial statements can lead to severe penalties, including fines, legal action, and even dissolution of the entity. This article outlines the consequences of late submission under Polish regulations and explains how voluntary disclosure can help mitigate risks. Stay compliant with expert advice from MDDP Outsourcing.

Why Engage with the “Financial Statement 2025” Series by MDDP Outsourcing?

Navigating the complexities of financial reporting requires up-to-date knowledge and expertise. Our series delivers comprehensive insights into each stage of the financial statement preparation process, ensuring you are well-informed and prepared to meet all regulatory requirements. Each article in this series offers a detailed examination of specific processes and provides practical tips to facilitate the smooth preparation of your financial statement.

Need professional support in financial statements and reporting?
The MDDP Outsourcing team offers expert and timely services, including:
consolidation of financial statements, management reporting to the group, e-financial statements, and iXBRL reports compliant with ESEF.
Contact us today to learn how we can assist your organization!