Financial reports

Financial statements for companies and groups

It is the statutory duty of every company that keeps its books to prepare financial statements (and, in the case of groups, both separate and consolidated financial statements) after the end of the fiscal year, and then to approve them and submit them - within the relevant deadlines.

At Aider Polska (MDDP Outsourcing) , we specialize in the comprehensive preparation of financial statements for companies in specific industries; at the same time, the cross-section and profile of our clients' legal forms covers essentially the entire market, due to the scale of our operations and more than 20 years of business experience. Among our clients are small, medium and large companies - limited liability companies, joint stock companies, limited partnerships, general partnerships or partnerships.

Our team of qualified and experienced accountants - which also includes experts who are certified auditors - provides professional financial reporting services that not only meet current legal requirements covering the preparation of financial statements in accordance with the Accounting Act (AAR) or IFRS/IFRS, but above all provide key information to support effective management and strategic planning in the company, along with plotting the directions of its further development.

Comprehensive financial reporting for companies - scope of the offer

The offer of financial statement preparation services at Aider Polska (MDDP Outsourcing) includes the following specialized solutions for companies, and is possible not only at the end of the fiscal year, but also at any other date indicated by the client - adequately to the business needs of a given company (e.g. for a bank, lessor, insurer, etc.) and in shortened time intervals.

Preparation of financial statements in accordance with the Accounting Act or IFRS/IAS.

We prepare financial statements in accordance with the Accounting Act and International Financial Reporting Standards (IFRS/IAS), tailored to the specific needs of each company. If you use our accounting services, we will perform the year-end closing based on the documents you have. If you do your accounting on your own, our experts will need, among other things, such information as:

statement of transactions and balances (including with related parties - if applicable),
financial statements for the previous year,
calculation of income tax and deferred tax, if any (if required),
statement of decreases/increases in fixed assets,
other data required to be disclosed in the financial statements in accordance with the Accounting Act or IFRS/IAS.

Consolidation of financial statements

The multi-entity structure of large organizations often requires the preparation of consolidated financial statements. For owners and management boards of companies, this is a key tool for analyzing the financial situation of a given capital group.

Our team offers comprehensive support in the preparation of consolidated reports - from consolidation of reports according to the provisions of the Accounting Act or IFRS/IAS (also for public companies), through consolidated management reports for capital groups or supervision of month-end closing in a given group, to implementation of dedicated systems that automate consolidation of capital groups.

Thanks to many years of experience and modern solutions, we help streamline reporting processes and adapt them to the individual needs of each company, regardless of the industry in which it operates, its specificity or size. You can find more about consolidation of financial statements in the dedicated section >> Consolidation of financial statements

Management reporting

Management reporting to a group requires precision and consistency of data, which can be difficult to achieve with manual processing of accounting data, especially when financial reporting is handled by internal teams overwhelmed by the multitude of ongoing tasks.

At Aider Polska (MDDP Outsourcing), we offer management reports tailored to the specific requirements of the group, supporting decision-making processes at all levels of management. We create standardized reporting templates that allow processing of financial data and relevant indicators into valuable management information, reflecting the group's desired logical reporting structure. Our services include preparation of reports at any - including highly abbreviated - intervals, regardless of how and where accounting is done.

With our support, boards can make informed decisions based on accurate analysis and reliable financial data, timely provided by our specialists. Check out our management reporting services to learn how we can improve your company's analytical processes >>. Management reporting to the group

E-reporting

Preparation of financial statements in electronic format (so-called e-reports), is an obligation concerning (according to the Accounting Act) companies registered in the National Court Register, which do not prepare financial statements in accordance with IAS, as well as personal income taxpayers, keeping books of accounts, obliged to prepare financial statements. E-financial statements involve the need to comply with the Ministry of Finance's guidelines on how to prepare the files - XML format is required.

At Aider Polska (MDDP Outsourcing), we offer comprehensive support in the preparation of electronic financial statements - from the conversion of ready-made reports (in DOC, PDF, XML or paper format) to XML files, through services that allow you to download the report in PDF (XML e-report reader), to comprehensive software for creating financial statements in XML format. Our services save time, avoid technical problems and cover both individual and consolidated financial statements for groups or insurers.

Take advantage of the support of our experts in Warsaw or Katowice in the preparation of e-financial statements.

ESEF-compliant iXBRL reports

Starting in 2021, issuers of securities in the European Union's regulated markets must prepare annual consolidated financial statements in the ESEF (European Single Electronic Format).

The iXBRL format, which uses XBRL technology, ensures compliance with regulatory requirements as well as transparency and comparability of financial data. Aider Polska (MDDP Outsourcing), in cooperation with EQS Group, offers support in preparing reports in iXBRL format - without the need to invest in expensive software or time-consuming training and implementation. Our services include comprehensive conversion of group reports to XHTML format, their tagging in accordance with IFRS taxonomy, and secure transfer of the finished files to the FSC system.

Take advantage of our experts' experience and ensure your financial statements are ESEF compliant - find out how we can support your business >>. ESEF compliant iXBRL reports

Why use the financial reporting services of Aider Poland?

By outsourcing the preparation of your financial statements to the Warsaw or Katowice team of Aider Polska (MDDP Outsourcing), you will be guaranteed that your documents will be prepared by professionals who prepare hundreds of reports each year. Such experience translates into excellent, practical knowledge and the ability to present the right data, in a manner consistent with statutory requirements and the best industry standards.

In addition to preparing reports, we also handle audits of the financial statements we have prepared and prepare reports in Polish-English version.

We always try to tailor the elements and preparation of financial statements to your individual needs, ensuring the reliability of the data and assistance in filing documents with the National Court Register. Financial statements from Aider Polska (MDDP Outsourcing), are:

professionalism and experience guaranteeing the highest standard and quality of service,
individual approach ensuring that services are tailored to the specifics and needs of a given company,
timeliness and reliability of financial data giving a sense of security and the ability to focus on business development.

Let's talk about how our financial reporting services can support your business. We serve companies from all over Poland, operating from offices located in Warsaw and Katowice.

FAQ - The most common questions about preparing financial statements

- Every company that keeps books of accounts (corporations, partnerships, foreign entities operating in Poland) must prepare annual financial statements. The deadline depends on the end of the fiscal year and is usually up to 3 months after the end of the year.
- Of course. When doing accounting in-house, you can successfully (and sometimes it is advisable), entrust the preparation of financial statements to an external team. This is a very practical solution that allows you to benefit from the knowledge and experience of specialists who guarantee full compliance of the documentation with current regulations, reliability of financial information and timeliness. External experts can also identify potential inaccuracies and help resolve them, significantly increasing the company's financial security. Sometimes internal accounting can be so consumed with current accounts or have periodic staff shortages at a sensitive time that an outsourced financial statement service is the best and most cost-effective solution.
- No, financial statements do not have to be prepared only at the end of the year. Although the necessity to prepare it, sign it and file it is a direct result of certain regulations, companies can also prepare interim reports - quarterly or semi-annual. Such documents are particularly useful for making key business decisions, applying for financing or reporting to shareholders. Thanks to them, the financial situation of the company can be monitored on an ongoing basis based on "hard" data. Financial statements are also prepared, for example, in the event of liquidation of the entity. Normally, however, if the company's fiscal year coincides with the calendar year, the preparation of financial statements should be done by March 31, and their approval by 6 months from the balance sheet date.
- This depends on the type and size of the company and possible requirements of investors, lenders or international regulations. Aider Polska (MDDP Outsourcing) is able to provide support in the preparation of financial statements for any company, in accordance with the regulations covering it - including International Accounting Standards.
- E-financial reports in XML format are mandatory for companies registered with the National Court Register that do not prepare reports according to IAS, as well as for CIT and PIT taxpayers with accounting books. We are engaged in comprehensive preparation of such reports.
- Consolidation involves combining the financial data of all group companies into a single summary report. Our team ensures that the data is standardized and compliant with the Accounting Act or IFRS/IAS.
- The preparation of financial statements for a limited liability company requires consideration of the requirements of the Accounting Act, as well as careful scrutiny of the owners' accounts and transparency to tax authorities. Our knowledge and experience of local regulations help ensure full compliance, timeliness and reliability of financial data.
- In the case of foreign companies, it is necessary to adapt the financial statements to international standards (IFRS/IAS) and take into account the specifics of Polish regulations. With advanced IT tools and knowledge of global and local regulations, we help prepare professional, properly structured reports, tailored to the expectations of management boards, owners and international stakeholders, within the required - also very short - deadlines.
- Yes, we can help you prepare your financial statements in XML format compliant with the requirements of the National Court Register (KRS). We provide comprehensive support in adapting the documentation to the applicable standards, guaranteeing technical compliance with the XML format. As a result, our clients are assured that the p[lik meets the formal requirements and will be filed correctly.
- In order to minimize the risk of mistakes and avoid the stress of the financial close of the year, it is a good idea to keep track of current changes in the law. That's whywe regularly publish expert articleson our blog , including a comprehensive guide "Financial Statements 2025" from Aider Group (MDDP Outsourcing). It contains not only a discussion of the latest regulations, but also tips to help you understand the reporting process. However, if you want complete security, time savings and confidence that the report will be prepared professionally and in accordance with your company's standards and industry best practices, we invite you to take advantage of our support. Our experts will take over the entire financial reporting process, guaranteeing the accuracy and reliability of the data and ensuring timeliness and comfort. This will give you the confidence that your company's financial statements are in the hands of an experienced team, allowing you to focus on growing your business.
- The consequences of submitting financial statements late can be severe, and the responsibility always lies with the head of the entity. There are four types of liability in such a case:
  
  criminal liability under the Accounting Act - punishable by a fine, restriction of freedom for up to 2 years, or both together;
  
  Criminal liability (under the regulations of the Fiscal Penal Code) - carrying the risk of a fine;
  
  coercive proceedings (according to the KRS Act) - also involving the risk of a fine (up to a maximum of PLN 15,000 in a single proceeding, which may, however, be imposed repeatedly - up to an amount of PLN 1,000,000);
  
  dissolution of the entity ex officio - without liquidation.

Professional support for financial statements

More information on the consequences of delays for filing financial statements after the due date and the possibility of avoiding a penalty is described by the experts of Aider Polska (MDDP Outsourcing) on our blog in the article "Filing financial statements after the due date - what are the consequences of delay and the procedures for avoiding a penalty?" .

If you need professional support in the preparation of financial statements, we invite you to contact us. Our team will be happy to answer any questions you may have and provide you with a tailor-made offer to fit the needs of your business.

Trust the more than two decades of experience of our experts
- request a quote for financial reporting services from Aider Polska(MDDP Outsourcing).