Financial Statement Preparation

Once the basic record keeping is completed, the next logical step is to issue Financial Statements which are designed to keep you informed of how the business is doing. Once again, we can take your Accounting data and prepare the Profit & Loss Statement, Balance Sheet, and, if needed, a Statement of Cash Flows to give you, the business owner, a concise picture of where the business stands at that point in time. These reports can then be used to prepare Tax Filings or satisfy covenant agreements with local banks or lending institutions. Give us a call so when discuss your particular reporting obligations.