Accounting
Financial statements you can actually use
Just don't understand the numbers? A good accountant is a wonderful thing. Let's work together.
You won't be left in the dark
Many accounting firms perform monthly or quarterly write-ups for their clients and hand the owner a stack of financial statements and reports. Unfortunately, only the accountant knows how to read them meaningfully — or how those statements reflect the performance of the business. That is not how I work.
I firmly believe that having access to financial information that is meaningful to the business owner, and knowing where your business stands, is key to your success. It lets you plan for the future and fiscally manage your current operations. Analyzing key data and trends lets you capitalize on strengths and correct weaknesses in operations — and that is a central part of my role as your accountant.
You can depend on CGK Accounting Services as a trusted partner in your endeavor.
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Income statement
The results of your operations — revenue, expenses and profit over the period. We go through it line by line.
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Balance sheet
Where your business stands right now — assets, liabilities and equity, with the items that warrant your attention flagged.
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A real conversation
I always meet with clients at the conclusion of my services. If we can't meet face to face, you get enough written commentary and feedback to review the performance of your business on your own time.
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Records that hold up
15 years in public accounting means your records are prepared the way an auditor or examiner expects to see them.
Accounting FAQ
Good questions to ask
What do I actually receive at the end of an engagement?
A complete set of financial statements and records — an income statement showing the results of operations and a balance sheet showing where the business stands — plus a meeting to walk through them. If meeting in person is not convenient, you get written commentary and feedback by email instead.
What is the difference between an income statement and a balance sheet?
An income statement covers a period of time and shows revenue, expenses and profit — how you performed. A balance sheet is a snapshot at a single point in time showing assets, liabilities and equity — where you stand. You need both to manage a business.
I already file a tax return. Why do I need financial statements?
A tax return is backward looking and built for the IRS. Financial statements are built for you. They are what let you plan ahead, control costs, spot trends, and make decisions during the year rather than discovering the results in April.
Do you also handle the underlying bookkeeping?
Yes. Bookkeeping is available weekly onsite, monthly, quarterly or annually, and feeds directly into the financial statements described here.
Know where your business stands
Let's get your records into a shape that helps you make decisions — not just satisfy a filing deadline.