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Financial Statement Preparation

Making Your Numbers Useful To help You Grow And Profit

Many people speed through the month busy with the day-to-day demands of running their business. Then at the end of each month, they look back wondering, “What happened? Where’s my money?”

To help answer that question, you may receive a monthly package from your bookkeeper or CPA that includes a:

  • Balance sheet
  • Income statement
  • Cash flow statement
  • Aged receivable report
  • Aged payable report

But if you don’t know what those numbers are really telling you, you won’t see what’s really happening in your business. What’s more, you won’t know how to steer it away from trouble and towards greater success.

Numbers That Show You What To Do Next

Every month, we personally sit down and review your financial story with you. You’ll clearly see where your money is coming from and where it’s going. And we offer suggestions to move you up to where you want to be.

Because your financial statements are your short story, case study and novel all rolled in to one, we go beyond the typical CPA packet by preparing more meaningful financial packages.

Your monthly packages not only include the standard documents mentioned above, we also add the critical documents listed below. This gives you a complete story showing what’s really happening in your business and where you can shift decisions to create a continuously stronger company.

Your Strategic Monthly Financial Statement Package Also Includes:

Monthly Comparative Balance Sheet

  • See a snapshot of your financial position at the end of the month.
  • Shows your cash and liabilities situation.
  • At-a-glance, see whether you improved or worsened compared to a month ago, or since the end of last year.
  • Helps you answer big questions like: Can I purchase new assets? Do I have enough working capital?

Monthly Comparative Profit and Loss Statement

  • See a snapshot of how your business is performing.
  • Compares P&L of current month to same month last year. And current year-to-date versus prior year-to-date.
  • Key to gauging your operations against key performance indicators and industry benchmarks.

Monthly Comparative Cash Flow Statement

  • Compares cash flow of current month this year versus same month last year. And current year-to-date versus prior year-to-date.
  • Shows how changes in the balance sheet and the income statement during the period affected your cash balance.
  • Breaks profit status down by different areas of your business functions. Whether it is the operations, the investments (like your equipment and fixed assets), or how financing of invested capital or long-term debt assisted in the growth of your business.

In business, you don’t have to be a big guy to think strategically like one. You just need the right information and the right team to support you. To see how we provide you with that support, schedule your free consultation today.

 Ken Gearhart
Ken Gearhart
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“Forbush and Associates has been our contract CFO and Controller since 2002. Being a general contractor, Forbush and Associates assisted us in each step of the way from one subdivision and 2 houses being built at one time to 6 subdivisions and more than 30 houses being built at the same time. Additionally, Forbush and Associates worked diligently in diversifying our client base in efforts to reduce the fluctuations of a residential construction market to our revenue streams. Due to Forbush and Associates assistance, we built other revenue sources and streams that provided us more than $10,000 per month in free cash flow while other contractors went out of business. Forbush and Associates has worked with us in seeing new opportunities in farther reaching communities and has begun to assist in rebuilding our Company after a rough three years including international operations. I would recommend Forbush and Associates to anyone whether it be a tax return preparation or full service business consulting and administration.”
Nancy Durano
Nancy Durano
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“Working with Forbush and Associates has given me peace of mind. I trust your advice because you have a reputation of integrity and honesty and working with Forbush’s team has helped me dramatically to improve communication with my lawyer…your team had the knowledge, experience, wisdom and my best interest at heart. There is no way to repay you for what you have done for me, but I think your team is wonderful and wanted you to know.”
Gary Harmon
Gary Harmon
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“Minuteman Press has used Forbush & Associates for the past four years and we are extremely happy with their strategic planning and tax consultation services. During this time, we have received over $30,000 in refunds from Federal & State taxes that we were not able to recover while using our previous tax preparation company.In addition, we have improved our cash flow and bottom line performance by more than $125,000 as a direct result of Forbush’s strategic planning advice. Who would have anticipated that a simple review of past tax returns could lead to these kind of results?I strongly urge any small business owner to have Forbush & Associates review your last 2-3 year’s tax returns. You won’t be sorry!”
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