Preparation of financial statements and balance sheets

The service involves the end-to-end preparation of statutory financial statements and balance sheets in accordance with applicable accounting standards and regulatory requirements. It encompasses the collection, validation, and classification of financial data, as well as the preparation of comprehensive disclosures that provide transparent insight into an entity’s financial position and performance. The service is designed to ensure accuracy, compliance, and consistency of reported figures, supporting informed decision-making by management, investors, and other stakeholders. Submit a request

End-to-end Financial Statement Preparation in the Danish Market

In the Danish business environment, the preparation of financial statements and balance sheets is no longer perceived solely as a statutory obligation, but as a strategic process that underpins trust, transparency and long-term value creation. Read more.

Case study

Manufacturing Growth Driven by Clean Financials

A mid-sized industrial manufacturing company producing machine components had been growing quickly, but its financial data lagged behind. Sales expanded into new export m...More +

Retail Chain Reinvents Its Financial Reporting

The story begins with a nationwide retail chain operating several dozen fashion stores in shopping centers and high streets. Rapid expansion, aggressive promotions, and s...More +

Tech Startup Wins Investors with Solid Financials

A rapidly scaling software-as-a-service startup in the B2B segment had just closed a seed round and was preparing for a larger Series A. Product-market fit seemed strong,...More +

Food Producer Gains Stability Through Better Reporting

A regional food processing company specializing in frozen vegetables and ready-made meals faced a recurring challenge: strong sales in peak seasons followed by cash strai...More +

What we provide

Standards Alignment

We prepare financial statements and balance sheets fully aligned with applicable GAAP, IFRS, and local reporting standards, ensuring technical accuracy and regulatory compliance.

Data Consolidation

We collect, validate, and consolidate financial data from multiple entities, systems, and geographies to produce a single, coherent set of financial statements.

Chart Structuring

We design and refine the chart of accounts and mapping rules so that every transaction is correctly reflected in the income statement, balance sheet, and supporting notes.

Balance Sheet

We build detailed balance sheets by classifying, valuing, and reconciling assets, liabilities, and equity to present a clear snapshot of the company’s financial position.

Disclosures Drafting

We draft and review notes and disclosures, translating complex accounting treatments into transparent, investor‑ready narrative and tabular information.

Judgments Review

We support management in documenting key accounting estimates and judgments, such as impairments, provisions, and revenue recognition, and reflect them consistently in the statements.

Audit Readiness

We prepare audit‑ready workpapers, reconciliations, and supporting schedules to facilitate efficient external audits and reduce the risk of adjustments or delays.

Process Optimization

We analyze and optimize the end‑to‑end financial close and reporting process, implementing tools, controls, and templates that shorten closing cycles and improve quality.

Sustainable Financial Statements as a Catalyst for Future‑Proof Business

In many organizations, the preparation of financial statements and balance sheets is still perceived as a purely technical and regulatory task, focused on historical numbers and short‑term compliance. Yet, when a consulting firm approaches this area ...

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How can we support you?

Comprehensive support in the preparation of financial statements and balance sheets ensures that reporting is accurate, compliant, and decision‑useful for stakeholders. The service covers the full process from data collection and classification, through technical accounting analysis, to the delivery of ready‑to‑file financial statements aligned with applicable standards and regulatory expectations.

End‑to‑end preparation of statutory financial statements

The service covers the complete preparation of statutory financial statements, including balance sheet, income statement, cash flow statement, statement of changes in equity, and notes. All relevant financial data are collected, validated, and mapped to the appropriate reporting lines in accordance with the chosen accounting framework. Particular attention is paid to cut‑off procedures, accruals, and reclassifications to ensure that the statements reflect a true and fair view. Radner coordinates the process with internal finance teams, auditors, and management to align timelines and expectations. Draft statements are prepared, reviewed, and refined to address both technical accuracy and clarity of presentation. The final deliverables are ready for submission to regulators, lenders, and other stakeholders without the need for additional formatting or reconciliation.

Technical accounting analysis and policy application

Support is provided in interpreting and applying complex accounting standards to specific transactions and balances. This includes the assessment of revenue recognition, leases, financial instruments, provisions, and impairment of assets under the relevant framework. Accounting policies are reviewed and, where necessary, updated to reflect changes in business models or regulatory requirements. We perform detailed analyses to determine the appropriate classification, measurement, and disclosure of items in the financial statements. Documentation is prepared to support key accounting judgments and estimates, facilitating smooth communication with auditors and regulators. As a result, financial statements are not only compliant but also consistent over time and comparable across reporting periods.

Balance sheet review, reconciliations, and quality assurance

Radner performs thorough reviews of the balance sheet to identify inconsistencies, unusual movements, and potential misstatements. All significant accounts are reconciled to underlying ledgers, subledgers, and external confirmations where applicable. Particular focus is placed on high‑risk areas such as receivables, inventories, provisions, intercompany balances, and equity. We assess the adequacy of supporting documentation and the robustness of internal controls around closing procedures. Findings are summarized with clear recommendations for adjustments, reclassifications, or process improvements. This approach enhances the reliability of the balance sheet and reduces the risk of audit findings or post‑closing corrections.

Disclosure, compliance, and management reporting alignment

The service includes the design and preparation of disclosures that meet statutory, regulatory, and lender requirements. Disclosure checklists are used to verify that all mandatory notes and narrative explanations are included and properly tailored to the entity’s activities. We align external financial statements with internal management reporting to ensure consistency of key figures and performance indicators. Radner supports the preparation of management commentaries, board packs, and investor‑ready summaries based on the finalized financial statements. Particular care is taken to present complex information in a clear and structured way that facilitates decision‑making. This ensures that financial statements serve not only as a compliance document but also as a strategic communication tool for management and stakeholders.

Why choose us?

Local Expertise

We combine deep knowledge of Danish GAAP and tax regulations with international reporting standards to prepare financial statements and balance sheets that are fully compliant and audit-ready. We understand the expectations of Danish authorities and financial institutions, so we structure our deliverables to facilitate smooth reviews and faster approvals.

Precision & Clarity

We translate complex financial data into clear, well-structured statements and balance sheets that support informed decision-making by management and stakeholders. We apply rigorous quality controls at every stage, ensuring that every figure, note, and disclosure is consistent, traceable, and free from material errors.

Proactive Advisory

We do not limit ourselves to mechanical preparation of financial statements and balance sheets, but actively highlight risks, optimization opportunities, and strategic implications. We work closely with clients throughout the year, so that the closing process in Denmark is predictable, efficient, and aligned with their business goals.

Contact

Need more information? Contact us.