Today's accounting requirements are ever changing: management and legal authorities demand more and more financial interpretation of the accounting figures.
Analysis of Financials: Analysis of Balance Sheet, Profit/Loss Statement, Trial Balance, and General Ledger. We can help locate problems, potential problems; and even items that appear to be errors. Analysis can be extended into either analysis of trends, or even trends in conjunction with budgeting and forecasting Prepare for End-of-Year close, reviews by internal or external parties, or look for potential problem areas.
Financial Statements: This may vary from analyzing only Cash, to analyzing multiple specific line-items from either the Balance Sheet, Profit/Loss Statement; even the entire Trial Balance versus the General Ledger.
Budgeting/Forecasting: Along with analysis, forecasting of future sales, expenses, cash, etc. Several forecasting techniques are available and are used. From this information, budgets may also be developed.
Ledger Analysis: This could be analysis of Tenant, Vendor, or Owner Ledgers for any business, especially for property managers. We can help you clean-up Tenant Ledgers for such circumstances as move-outs; or, with your guidance and input, get the Tenant Ledger ready for an Eviction proceeding.
End of Year Close: Have helped thousands of businesses get ready for End-of-Year Close. It is important to get this right for general reporting and archiving, along with general financial statement preparation.
Accounting Analysis can address the following areas:
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