At the most minimal level, a business is expected to issue an income statement and balance sheet to document its monthly results and ending financial condition. The full set of financial statements is expected when a business is reporting the results for a full fiscal year, or when a publicly-held business is reporting the results of its fiscal quarters. Jacobs Cohen can completely take over your company’s financial statements for you, handling the following.
- Determining the ability of a business to generate cash, and the sources and uses of that cash.
- Clarifying whether a business has the capability to pay back its debts.
- Tracking financial results on a trend line to spot any looming profitability issues.
- Deriving financial ratios from the statements that can indicate the condition of the business.
- Investigating the details of certain business transactions, as outlined in the disclosures that accompany the statements.
- Balance sheets.
- Income statements.
- Statement of cash flows.
- Supplementary notes.
“We believe every client is different. As such, you will receive high-touch, personalized services tailored for your specific needs; not a pre-packaged, pre-determined program that fits our needs. We take pride in giving you the assurance that the personal assistance you receive comes from years of advanced training, technical experience and financial acumen.”