What an Indian Corporate Financial Statement Set Contains
An Indian corporate financial statement set prepared under the Companies Act, 2013, typically includes four core components: a balance sheet, a statement of profit and loss, a cash flow statement, and notes to accounts. The balance sheet presents the company’s financial position as of a date, with line items such as equity share capital, authorised capital, reserves and surplus, securities premium reserve, general reserve, long-term borrowings, secured term loans, deferred tax liabilities, trade payables, provisions for employee benefits, short-term borrowings, trade receivables, and inventories. The statement of profit and loss shows performance over a period, capturing revenue, depreciation, interest expenses, and income tax. The cash flow statement classifies movements under operating, investing, and financing activities. The notes disclose accounting policies, contingent liabilities, and detailed break-ups.
Why Convert Scanned Financial Statements into Editable Documents
A scanned PDF or photograph of a financial statement is a static image. You cannot copy individual figures, sort line items, correct a typo, or feed the data into a spreadsheet without labour-intensive manual keying. Converting the scan into an editable DOCX solves this. Common use cases include preparing a clean base for financial analysis, extracting comparable data across years, drafting an internal management report, populating compliance filings, preparing a pitch deck for an initial public offering (IPO) discussion, or rebuilding a usable general ledger extract. Having the document in editable form means you can format columns, adjust tables, and insert updated figures without starting from scratch. For listed and unlisted companies alike, an editable digital copy reduces turn-around when the original soft copy is lost or was never created.
AI Typing vs. CA-Certified Financial Statements: When Each Approach Fits
Lekhak’s AI typing service gives you a clean, editable DOCX with the text and tables reproduced from your scanned document. It is ideal for internal review, preliminary analysis, draft reports, or preparing a working file that will later be reviewed by a Chartered Accountant. However, typing alone does not produce a CA-certified financial statement. For statutory audit, filing with the Registrar of Companies, income-tax assessments, or any submission that requires a Chartered Accountant’s signature, you need the original certified document or a freshly audited set. The typed output is not a substitute for a CA’s opinion, nor does it carry any assurance. From the documents we process, we see that users often use the typed DOCX as a draft that their auditor then validates and adapts. That workflow saves time and effort, but the final official submission must bear a practising CA’s seal.
What Lekhak’s AI Typing Produces
You upload a scanned PDF, JPG, or PNG of the financial statement. Lekhak’s pipeline extracts the text and table structure, preserving column alignment, headers, and nested indentation where the source quality allows. The output is a single DOCX file delivered in minutes. There is no translator’s certificate, no CA sign-off, and no notarial stamp, the output is exactly what the document says, typed into an editable format. Tables for the balance sheet, profit and loss, and cash flow are rebuilt as editable Word tables, so you can copy-paste line items into other applications. The typing process does not interpret, summarise, or audit the numbers; it reproduces the content as it appears. If the original scan contains handwritten annotations, legibility determines accuracy, and heavily distorted images may need a higher-resolution rescan.
When You Need Notarisation, Apostille, or Embassy Attestation for Financial Statements
If you are presenting financial statements to a foreign bank, immigration authority, or overseas regulator, the recipient may require authentication beyond a CA’s certificate. That typically involves notarisation, followed by an apostille from the Ministry of External Affairs for Hague Apostille Convention countries, or further embassy attestation for non-Hague states. Lekhak does not offer notarisation, apostille, or attestation services, nor does it arrange them. You must engage a notary or commissioning authority directly and follow the applicable chain. The typed DOCX from Lekhak can serve as a clean draft to carry forward to the notary, but the authentication itself is a separate process entirely outside our platform.
Statutes Governing Indian Financial Statements
The form and content of Indian corporate financial statements are prescribed by the Companies Act, 2013, notably Schedule III, and the applicable Indian Accounting Standards (Ind AS) or, for entities not yet migrated, the earlier Indian GAAP framework. The Companies (Indian Accounting Standards) Rules, 2015, and subsequent amendments govern recognition, measurement, presentation, and disclosure. Whether you are typing a set of financial statements for internal reference or preparing a draft that will eventually be audited, knowing the statutory format helps you assess completeness. The notes to accounts must include accounting policies, which typically appear at the beginning of the notes section, and specific disclosures around areas like deferred tax, employee benefits, and related-party transactions.
FAQ
What file formats can I upload for typing?
You can upload scanned PDFs, JPEG, PNG, and WebP images. The platform also accepts DOCX and DOC files if you already have a soft copy that needs cleanup, though the typing service is designed for image-based sources.
Is the typed DOCX an exact reproduction of the original?
The typing pipeline reproduces all visible text and attempts to preserve table structure, column alignment, and indentation. Illegible handwriting, blurred scans, or complex multi-level nested tables may cause minor formatting shifts.
Does Lekhak provide a CA-certified or audited financial statement?
No. The typing service produces an editable typed copy; it does not include any Chartered Accountant’s signature, audit opinion, or certification. For statutory filing, obtain a CA-certified or audited version separately.
Can I get the typed statement notarised or apostilled through Lekhak?
Lekhak does not offer notarisation, apostille, or embassy attestation. You need to handle authentication independently with a notary or the designated government authority.
How long does typing take?
Most financial statement scans are processed in minutes. Large files with many pages, very dense tables, or poor image quality may take slightly longer, but you receive the DOCX as soon as processing completes.
Are my financial data confidential?
Yes. Uploaded files and the resulting DOCX are processed through encrypted connections and stored securely. The platform does not retain your documents beyond the time necessary to deliver the output, and no human reviews your file during routine AI typing.
Can I type financial statements in languages other than English?
The typing service works with any of the 22 Indian languages supported on the platform, plus many global languages. The output DOCX retains the original language and script found in your scan.
Will handwritten figures or signatures be captured?
The AI attempts to capture legible printed and handwritten text. Signatures are not converted to typed text; they may appear as blank spaces or image artefacts. For critical documents, verify all figures after receiving the output.
Can I use the typed DOCX directly for an IPO draft or investor presentation?
Yes. Many users clean up the typed DOCX, apply formatting, and use it as a working draft for internal documents, pitch materials, or preliminary IPO discussions. Just ensure the final version is reviewed by your audit or compliance team.
How do I start with the free trial?
Sign up at lekhak.app and you receive 250 free credits, which is enough to type several pages of a financial statement without entering any payment information.
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