Tag: Financial Statements

Small business owners often have accounting questions and financial advisory needs that don’t always occur at regular intervals or around tax time. Opportunities to grow your business crop up with a little warning. How does Read More

Historical financial results are only relevant in a valuation to the extent that the business expects to achieve similar results in the coming years. When projecting future economic benefits, it's important to consider expected changes Read More

Is your business ready to tackle the challenges and opportunities that lie ahead in 2023? Financial statements show how a company has performed in the past. But historical data doesn't necessarily predict future performance, especially Read More

Comprehensive financial statements prepared under U.S. Generally Accepted Accounting Principles (GAAP) include three reports: the balance sheet, income statement, and statement of cash flows. Together these reports can be powerful diagnostic tools to help evaluate Read More

Reviewed financial statements can increase the value of your business and serve you in a multitude of ways Business owners typically field requests for reviewed financial statements for a specific purpose. Whether the requests come Read More

Most business owners take time each month to review the balance sheet. But are you using your balance sheet to make decisions for your business? What truly makes for a strong balance sheet? (hint: it’s Read More

If a bank, investor, buyer, bond agency, or other third-party asks for or demands your financials—and your CPA firm cannot provide them in a timely manner—you may not get the loan or credit line increase Read More

When evaluating the financial health of your business, it’s important to look at a variety of indicators – but how can you be sure you have the right numbers? Are you as profitable as you Read More