Accounting Services
We provide our clients with analysis and interpretation of financial statements and data so our clients can better use our work product. It has been known for many years that a business owner is better informed if can use and follow the financial statements as a tool in running his or her business. This just another tool in keeping a business competitive and financially sound in today's business environment.
Income Statement :
The income statement reports the revenues, gains, expenses, losses, net income and other totals for the period of time shown in the heading of the statement. It is also known as "Profit &Loss Statement".
- Determine what areas of your business are over-budget or under-budget.
- Track your revenues Vs expenses, so that you can determine the operating of your business.
- Determine your income tax liability.
Balance Sheet :
Balance Sheet summarizes a company's Assets,Liabilities and Shareholder's equity at a specific p point in time.
- You will know the financial strength and capabilities of your business.
- Determine if your business is in a position to expand.
- Determine if you need to take any additional steps to improve your cash reserves.