Examining your company is about providing information about the company’s success, but even more it’s about providing information directed to you as the owner or stockholder. Your needs are not always met by what is on the bottom line. Often what is needed is to show the direction the company is going in relation to The Business Statement.
Doing an analysis of your business means comparing your business in size, services and product with other similar businesses in your area, region, state, time zone or nation. Helping you to measure your success.
Financial ReportsThese reports show a lot of numbers but that can be confusing. It is important to give meaning to the numbers and to understand how they can be used. Often, they are needed to obtain loans or to make investments. Someone is needed to explain certain areas to the board of directors, and other interested parties. Many of the reports show compliance with Federal and State agencies. Preparation for the future is always an aspect of the many reports that show the past and help define that which is to come.
Balance Sheets, Income Statements, Statement of Cash Flows, Accounts Receivable, Accounts Payable, Monthly, Quarterly and Yearly Comparisons along with complete explanations of each. These are to help you understand how your business is doing.
Other Specialty NeedsA good accountant should be able to sit down and help explain why some problems exist and how to overcome them without being on the clock all the time. You should be able to trust that he(she) has a desire for the success of your company in the same way as you do. I will always provide accurate financial information to the best of my ability, but I will always remember that the needs of the owner are primary.
Includes taxes, payroll, inventory audits and whatever type of needs you may have. Consultations are free. Call/Text 801-259-9186.