Financial Statement Preparation
For our accrual accounting clients, we offer financial statement preparation as an additional a la carte service. Clients can choose either a monthly or quarterly option.
Income Statement - Summarizes the revenue and expense creating activities of the company for a period of time (month, quarter, or year).
Statement of Cash Flows - Isolates the changes in cash from the total revenue and expense creating activities.
Statement of Owner's Equity/Statement of Retained Earnings - Tracks the amount of investment and income that remain held in the company less any owner's withdraws or dividends paid.
Balance Sheet - Summarizes the companies total assets, liabilities, and equity as of a particular date.