NC small business accounting

Financial Statement Preparation
for Wendell Businesses

With over 30 years of experience, C.E. Thorn, CPA, PLLC, can prepare financial statements for small business owners in Wendell. Our financial statements offer information to help you keep track of your business financials.

Components of Financial Statements

Monthly financial reports give you a snapshot of your business's financial standing and 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 income and expenses accrued by your Wendell business. It indicates profitability during a set period and how your business is performing.

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, such as over a fiscal year.

Benefits of Financial Statements

Having accurate and up-to-date financial statements can help you make informed decisions for your Wendell business. Financial statements prepared may help you:

  • Stay tax-compliant during end-of-year tax planning
  • Make business expansion decisions
  • Access a snapshot of your business's financial health

Additional Accounting Services We Provide

We Also Provide Financial Statements for Businesses in the Following Locations:

NC small business accounting

Contact C.E. Thorn, CPA, PLLC., for All Your Financial Service Needs in Wendell

Call  919-420-0092 today or complete our online contact form below to speak with a Certified Public Accountant.

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