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The responsibility of making the financial statements are the Company itself.
Its depends on the company mangement .If the company mangement can handle with their accountant to prepair ,otherwise they can hire sccounting firm to prepare the yearly statments
The management of the company is responsible for preparing the financial Statements Because they have the responsibility to show their stewardship (to take good care of shareholder's investments)
It depends on Management and they could appoint accounting firm if they needed
The company is responsible to prepare the financial statements and the accounting firm is responsible for the audit, accurate presentation and regulatory disclosures of financial statements as per International Accounting Standards
Company itself makes the finacial statements. the accounting firm are used for the it audit purpose. However many small and medium size business hire accounting firms for the preparation of financial statemnts.
Accounting Firm makes the financial statements
A-------------------------------------------the company itself
It is the responsibility of Management to prepare Financial Statements while audit firm only gives an opinion on the Financial Statements.
i agreed with the answer Mr Ifthikar Hussain shah
