FINANCIAL STATEMENT PREPARATION
AS A BUSINESS OWNER, YOU NEED A COMPLETE PICTURE OF YOUR FINANCIAL PERFORMANCE
Accurate, up to date financial statements, including income and balance sheets gives you visibility on how your business is performing. This information allows you to manage your growth and identify areas for improvement at any time of the year.
Staying Canada Revenue Agency compliant and completing your fiscal year-end is easier when your books are kept up to date. Whether we complete your monthly bookkeeping or only handle a few projects for you, we can prepare detailed financial statements for your business.
When you need to approach potential investors or apply for business credit or loan, you’ll be ready with accurate financial statements.
A year end financial statement gives you a full picture of your business and prepares you for the upcoming year.
FINANCIAL STATEMENT PREPARATION FAQs
Who needs to prepare a financial statement?
Essentially, financial statements are a tool for tracking your business performance, they detail your profits, expenses and what the current status is. All businesses need to prepare a financial statement at year-end, but they should also be completed regularly throughout the year.
Why should I have York Simcoe Accounting prepare my financial statements?
York Simcoe Accounting ensures accurate and timely preparation of your financial statements. Our primary goal is to support the success of your business and this is one of the most important tools to get you there.
