Transform your dollar signs into an understandable picture of your net worth.
We will summarize and produce a financial statement of your business. We prepare statements for tax preparation, for bank loans, for business analysis and review. We can prepare personal financial statements. We also prepare financial statements on the estate of a passed loved one.
Whether for your business or personal net worth, a Financial Statement, a summary of your activities on paper, is a must for success and prevention of impending doom.
“Why aren’t we showing any property taxes for last year?”
“Did we really spend that much on these new computers?
It is not necessarily required for our Firm to be your bookkeeper or to do your bookkeeping for you to have financial statements prepared by us.
The majority of our statements include a Balance Sheet, Income Statement, and a Cash Flow Statement.
We can produce: Audits, Reviews, Compilation, and No Assurance Bookkeeping Statements
Audits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.
Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data
Compilations are usually requested for internal purposes and are based upon information provided by a company’s management. They do not offer assurance but may involve some adjustment to accounting records.
AR-C Section 70 Preparation of Financial Statements
AR-C statements are usually requested for internal purposes. They are labeled with No Assurance and represent general ledger transaction entries in the form of a financial statement without a report on the statements.
These services include but are not limited to:
Daily, Bi-weekly, Monthly, Quarterly, and Annual Bookkeeping
New/Existing Business Accounting System Set-up and implementation
Production of Financial Reports & General Ledger Preparation
Cash Flow Projections
Payroll Processing, Sales and Payroll Tax Preparations
Review and analysis of your own data entry
Import, export, login recording of transactions
What does it mean to have a CPA on your team?