Annual financial statements – preparation and analysis

Financial statements present a snapshot of your company’s financial position as a result of a reliable accounting activity.

Accurate financial statements offer many tools to help you make informed decisions for your business. Trend reports will show how you have been performing for the last 12 months, comparative financial statements give you the ability to compare this year’s results with those of the previous year at this time, identify fluctuations in sales or costs and understand which areas of your financial situation need more attention.

Analyzing financial statements becomes crucial when seeking financing for your business. Lenders look for financial information in a specific format. We understand this process and can not only prepare financial statements in a format lenders prefer, but also discuss any areas that might raise questions from lenders, so you’ll be better prepared for specific discussion sessions in your loan meeting.

Business partners may request financial information as a condition of doing business with you. In order to facilitate relationships development in business network, we can create an abbreviated financial statement that shows the financial stability of your company, without giving away confidential information.

Accurate financial statements can help increasing the confidence of business partners and hence shortening the strategic decision making.