Mecham, Dicus & Company settles for nothing short of high standards in all the accounting, tax and consulting services we offer to our clients and as your trusted advisor, it enables our clients to make informed financial decisions. Mecham Dicus & Company’s specialists continue our education regarding the craft in order to supply exceptional services for our clients, as we continue to improve our technical expertise and financial knowledge. We continue to grow our satisfied customer base with our commitment to excellence. Mecham Dicus & Company provides a number of services including the preparation of financial statements.
Importance of Financial Statements in Decision Making
Financial statements represent a formal record of the financial activities of a business entity, providing a clear picture of the financial position, cash flows and performance of a corporation. Mecham, Dicus & Company works for the management of our business clients as well as their lenders, creditors, investors or other parties when hired to assist in meeting budgetary needs; depending on individual requirements with each type of financial statement reports that may suit specific circumstances. In order to help you choose the most appropriate financial reports, it is vital that we have an understanding of each report’s unique strengths and weaknesses. The four main financial statements are balance sheets, income statements, cash flow statements and statements of shareholders’ equity. Financial statements can contribute to making important decisions and therefore be an extremely useful tool for business owners and management staff alike.
Frequency of Financial Statement Reporting
A financial statement can be prepared for a company at any point in time and for any desired length of time. Some businesses prepare financial statements monthly for a consistently updated financial position of the company. Other firms have longer accounting cycles but whatever the frequency, financial statements must be prepared at the end of the company’s tax year. Mecham Dicus & Company, in accordance with professional standards can assist you in the preparation of your financial statements. On the underlying information included in the financial statements, we express no opinion or any other form of assurance. However, in an effort to assist your financial decisions, we provide a solution to help you with the right information and guidance. Call Mecham Dicus & Company today for your consultation.