With over 30 years of experience, C.E. Thorn, CPA, PLLC, has prepared financial statements for small business owners in Rolesville. Our financial statements provide you with information that can help you track and manage your business financials.
Components of Financial Statements
Monthly financial reports give you a snapshot of your business's financial health and provide you with a clear idea of your income and expenses. Financial statements include two main components; an income statement and a balance sheet.
Income Statement
The income statement shows your income and expenses accrued by your Rolesville business. It shows profitability during a set period and indicates whether or not your business is performing well.
Balance Sheet
A balance sheet summarizes your business's financials and indicates your business's net worth. When you outsource your accounting services to C.E. Thorn, CPA, PLLC, we provide you with a balance sheet so you can view your net worth during a set period of time, such as over a fiscal year.
Benefits of Financial Statements
Having accurate and up-to-date financial statements can help you make informed business decisions. Financial statements prepared by a CPA can help you with:
- Staying tax-compliant during end-of-year tax planning
- Business expansion decisions based on information in your financial statements
- Accessing a snapshot of your business's financial health
Additional Accounting Services We Provide:
- Business Tax Preparation
- Monthly Bookkeeping
- Accounting for Startups
- Small Business Accounting
- Choosing a Business Entity and Obtaining Federal Tax ID
We Also Provide Financial Statements for Businesses in the Following Locations:
Contact Us for Financial Statement Preparation in Rolesville
To learn more about our financial statement preparation services, call us today at 919-420-0092 or complete the contact form below.
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