For over 30 years our small business CPA has prepared financial statements to businesses throughout the Triangle. Financial statements are then used to prepare your tax return and can help small business owners make better informed decisions.
Tracking monthly finances is a great indicator on the performance of any company, and helps with future planning. By comparing current reports to previous records allows an owner to monitor their business. Using your financial information we prepare the following types of statements:
The income statement shows a business’ income and expenses. It helps identify the profitability of a company during a set period, and how well the company performing.
The balance sheet is a summary of a business’ financials that outlines the net worth of a company. To identify your company’s net worth assets must be totaled and then liabilities are subtracted from that amount.
A successful business must maintain accurate record keeping for several reasons:
We work with small businesses in Wake Forest, assisting with financial statement preparation and the following:
Let us take care of your record keeping so you have more time to run your business. Contact us (919) 420-0092 or completing our contact form below!
*Information presented on this website should not be construed as formal accounting or tax advice or the formation of an Accountant/CPA-client relationship. Additionally, any email sent to C.E. Thorn, CPA, PLLC at the email addresses set forth in this website will not create an Accountant/CPA-client relationship.