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Financial Reporting

Financial reports are needed to record and report business performance for management coordination, and communication to financial service providers. We generate all requested reports. Usually the order of importance is:

  • Income or Profit and Loss Statement (quarterly, monthly, or yearly) (cash or accrual basis)
  • Cash Flow Statement- to show the activity of cash, and also capital purchases, debt retirements, etc.
  • Balance Sheet

The Balance Sheet is especially important in Turnaround or Financing-related engagements because there is more emphasis on asset value including receivables, inventory, debt, payables, etc.

We work with the lenders requesting the statements and are well respected for our expertise in CT and nationwide. Call or write us.

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