What's included

• Preparation and Reading Financial Statements

  Initial Consultation and Assessment Detailed analysis of your current financial systems and practices Identification of specific financial reporting needs and objectives Balance Sheet Preparation Detailed listing and categorization of assets, liabilities, and equity Ensuring accurate representation of your financial position at a specific point in time Income Statement (Profit and Loss Statement) Preparation Comprehensive recording of all revenue and expenses Analysis of net income over a specific period Comparison with historical data for trend analysis Cash Flow Statement Preparation Tracking cash inflows and outflows from operating, investing, and financing activities Ensuring accurate depiction of cash management and liquidity Statement of Changes in Equity Documentation of changes in owner’s equity over the reporting period Tracking retained earnings, capital contributions, and withdrawals Customized Financial Reports Creation of tailored financial reports to meet specific business requirements Departmental and segmental reporting, if necessary Performance analysis using key financial ratios and indicators