Financial Statements & Reporting

A compilation presents your financial information in statement form without assurance. A review provides limited assurance, and an audit provides reasonable assurance. Reviews and audits must be performed by a licensed CPA firm, and we can coordinate with one when you need them.

Monthly for most growing businesses, and at least quarterly.

Yes. We build budgets and forecasts from your actual results.

It depends on the lender and loan size. Smaller loans may accept internally prepared statements, while larger facilities often require reviewed or audited statements from a licensed CPA firm.

Statements can be prepared under generally accepted accounting principles or a special-purpose framework such as the tax or cash basis. We use the framework your lender or investors expect.

It depends on your business, but gross margin, operating cash flow, days sales outstanding and revenue per employee are common starting points.

Once the books are closed. With monthly bookkeeping in place, that is usually within a few weeks.

Yes. We assemble statements, projections and supporting schedules in the format lenders ask for.

QuickBooks Online and Xero most often, along with common payroll, bill pay and e-commerce tools.

Yes. We bring the books up to date from the start of the year, then continue monthly.

By email, our client portal and scheduled calls. You have a named contact who knows your business.