Financial reporting and analysis is vital to evaluate the business health, financial condition and liquidity of your business. These reports are used by owners, bankers and other creditors to assess the health and creditworthiness of your business.
These documents include:
Balance Sheet or Statement of Financial Position. Report the company’s assets, liability and equity at a given point of time.
Income Statement or Profit and Loss Report. Provides information on the company’s income, expenses, operating efficiencies & trends over multiple reporting periods.
Cash Flow Statement. A report that illustrates the company’s ability to generate liquidity from operations, investing and financial and lending transactions.