Financial Reporting incorporates documents and records you create to show the financial condition of your company. The reports can be used currently by owners or in the future to present to third parties as needed for any business purpose.
Robert J. Kratz & Company can prepare compiled or reviewed financial statements as well as financial statements for internal-use-only reporting.
Key financial information is prepared using structured financial statements which typically include:
- Balance Sheet (or Statement of Financial Position) to report the company's assets, liability and ownership equity at a given point in time.
- Income Statement (or Profit and Loss Report) which provides information on the company's income, expenses, and profits over a period of time.
- Statement of Changes in Equity (or Statement of Retained Earnings) shows the changes in equity during the stated period.
- Cash Flow Statement reports on the company's cash flow activities for operating activities and, investing and financing transactions.
Do you have the full picture?
There is more to the bottom line than the P&L Statement. You can rely on Robert J. Kratz & Company to give you the full picture.