Provisional Balance Sheet Format 2026 with CA Certificate for Bank
PROVISIONAL (UNAUDITED) FINANCIAL STATEMENTS
{{client_name}} (PAN: {{client_pan}})
For the period from {{period_from}} to {{as_at_date}}
Practitioner's Compilation Report
To,
The Board of Directors / Partners / Proprietor
{{client_name}}
{{client_address}}
1. We have compiled the accompanying provisional financial statements of {{client_name}} based on information you have provided. These provisional financial statements comprise the Provisional Balance Sheet as at {{as_at_date}}, the Provisional Statement of Profit and Loss for the period from {{period_from}} to {{as_at_date}}, and the notes on the basis of preparation and on the adjustments not yet made.
2. We performed this compilation engagement in accordance with Standard on Related Services (SRS) 4410 (Revised), Compilation Engagements, issued by the Institute of Chartered Accountants of India.
3. We have applied our expertise in accounting and financial reporting to assist you in the preparation and presentation of these provisional financial statements on the basis of accounting described in Note 1. We have complied with relevant ethical requirements, including principles of integrity, objectivity, professional competence and due care.
4. These provisional financial statements and the accuracy and completeness of the information used to compile them are your responsibility.
5. Since a compilation engagement is not an assurance engagement, we are not required to verify the accuracy or completeness of the information you provided to us to compile these provisional financial statements. Accordingly, we do not express an audit opinion or a review conclusion on whether these provisional financial statements are prepared in accordance with the basis of accounting described in Note 1.
6. The provisional financial statements are unaudited. As stated in Note 2, certain year-end adjustments have not yet been made, and the figures are subject to change on completion of the audit / finalisation of accounts for the period. The audited financial statements may differ from these provisional financial statements, and the difference may be material.
7. The provisional financial statements have been prepared for the purpose of {{certificate_purpose}} and for submission to {{bank_name}}. They may not be suitable for any other purpose. Our compilation report is intended solely for {{client_name}} and {{bank_name}} and should not be distributed to or used by any other party.
Place: __________________
Date: 1 October 2026
For {{firm_name}}
Chartered Accountants
Firm Registration No.:
_______________________________
{{engagement_partner}}
Partner
Membership No.: {{icai_membership_no}}
UDIN: ____________________
Provisional Balance Sheet as at {{as_at_date}} (Unaudited)
| Particulars | Provisional — as at / period ended {{as_at_date}} (₹) | Audited — {{previous_fy}} (₹) |
|---|
| CAPITAL AND LIABILITIES | | |
| Share capital / partners' or proprietor's capital | | |
| Reserves and surplus (including profit for the period — provisional) | | |
| Long-term borrowings — term loans from banks | | |
| Long-term borrowings — unsecured loans | | |
| Short-term borrowings — working capital limits from banks | | |
| Trade payables | | |
| Other current liabilities | | |
| Provisions | | |
| TOTAL | | |
| ASSETS | | |
| Property, plant and equipment (net) — depreciation for the period: provided / not provided | | |
| Capital work-in-progress | | |
| Non-current investments, deposits and advances | | |
| Inventories (as taken, valued and certified by the management) | | |
| Trade receivables | | |
| Cash and bank balances | | |
| Loans, advances and other current assets | | |
| TOTAL | | |
Provisional Statement of Profit and Loss for the Period from {{period_from}} to {{as_at_date}} (Unaudited)
| Particulars | Provisional — as at / period ended {{as_at_date}} (₹) | Audited — {{previous_fy}} (₹) |
|---|
| Revenue from operations (net of GST) | | |
| Other income | | |
| Total income | | |
| Cost of materials consumed / purchases of stock-in-trade | | |
| Changes in inventories | | |
| Employee benefits expense | | |
| Finance costs | | |
| Depreciation and amortisation | | |
| Other expenses | | |
| Total expenses | | |
| Profit before tax (provisional) | | |
| Provision for tax (estimated) | | |
| Profit after tax (provisional) | | |
Notes
Note 1 — Basis of preparation. These provisional financial statements have been prepared by the management from the books of account of {{client_name}} as they stood on ____________ [date up to which entries were posted], on the accrual basis and following the accounting policies adopted in the audited financial statements for {{previous_fy}}, except as stated in Note 2. Figures for {{previous_fy}} are from the audited financial statements.
Note 2 — Adjustments not yet made. The following have not been finalised and may change the figures reported above:
| Item | Status in these provisional statements | Estimated effect, if known (₹) |
|---|
| Physical verification and valuation of closing inventory | Taken as per management's statement | |
| Depreciation for the period | Provided on estimate / not provided | |
| Provision for income-tax and deferred tax | Estimated / not provided | |
| Provision for gratuity, leave encashment and bonus | | |
| Provision for doubtful debts and write-offs | | |
| Interest accrued on borrowings and deposits | | |
| Reconciliation of balances — GST, TDS, banks, debtors and creditors | Pending / completed up to ____________ | |
| Prepaid, outstanding and other cut-off entries | | |
Note 3 — These provisional financial statements have been approved by the management of {{client_name}}, which accepts responsibility for them.
For {{client_name}}
_______________________________
Authorised Signatory (name and designation): ____________
Usage Notes
- Mark every page "Provisional — Unaudited" and have management sign the statements before the compilation report is signed. Do not use the words "audited", "certified true and correct" or "true and fair" anywhere on the document.
- Obtain an engagement letter that describes the work as a compilation, and a management-signed trial balance for the period. The report can only be as good as the books it was compiled from; if you become aware that the information is incomplete or misleading, ask management to correct it, and withdraw if it does not.
- If the Bank insists on assurance over provisional figures, that is a different engagement — a review of the interim financial information or an audit — with different work and a different report. Do not stretch this report to cover it.
- Where the firm is also the statutory auditor of a company, section 144 of the Companies Act, 2013 bars the auditor from rendering accounting and book-keeping services to it. The provisional statements must then be management's own preparation; consider whether your involvement should be limited to a certificate that stated figures agree with the books of account as on a date.
- When the audited accounts are signed, send the Bank a short reconciliation of the provisional and audited figures if they differ. It is the question the credit officer will ask at the next renewal.
