A financial statement is a picture of a company’s financial health for a given period of time. The statements provide a collection of data about a company’s financial performance, its current conditions and its cash flows. Hence, they usually include:
- Balance sheets – a list of the company’s assets, liabilities and equity
- Income statements – company’s operational performance for a given period of time
- Statement of cash flows – changes to the cash account during the accounting period
SAT Accounting & consulting, we prepare your monthly, quarterly and annual financial statements. We analyze and investigate variance to support your financial decision making process. Financial statement preparation is the most important step in accounting, they tell you the performance and the value of your company, they are what lenders will use before lending any funds to your business. We specialized in preparing profit and loss statement for your business or personal loan applications, cash flow statements, balance sheet, and income statement.