Financial Statement Reporting/Analysis

Financial statement reporting and analysis provide business owners with an understanding of the BIG PICTURE of their current financial and cash positions, crucial insights required especially when making business operation decisions.

The growth and expansion phase, for many businesses, is an exciting time creating new opportunities, bringing new customers/clients, and generating new revenue and higher profits. Financial statement reporting and analysis is a crucial step to being properly informed and assisting in making correct decisions on how best to grow and manage your business.

Winter Accounting & Advising LLC provides financial analysis reports highlighting the financial strengths and weaknesses of your business. This report also reflects, to your investors and others, the financial health of your company. A financial analysis report can also be utilized in attracting the interest of new investors and growing your business further.

We will assist in the preparation of your Income Statement. This report calculates the net profit or loss of your business. This is determined by the company’s sales revenue, expenses, and general ledger records.

We will also prepare the Statement of Retained Earnings which reflects the distribution of profit between retained earnings and the company’s dividends.

You also receive the preparation of the company’s Balance Sheet which illustrates the financial position of the company, being a “snapshot” or recap of the final accounting cycle day.

Your Cash Flow Statement is a compilation and comparison of information from the three main financial reports:

1. income
2. retained earnings,
3. and balance sheet.