Financial Statements
If you need to know whether you have a fever, you use a thermometer. If you need to know the health of your business, you read the financial statements.
Schulte & Uhrig, CPAs can provide services to assist you with financial reporting needs that go further than just tax reporting. We don't just examine the facts and figures - we explore the long-range implications for you and your business. There are two levels of assurance of financial statement reporting we offer:
Financial Statement Compilations
We will compile, from information you provide, a balance sheet and income statement that should be primarily for internal use. No opinion is expressed about the underlying financial information. Our firm can assist you with the use of this information to answer important financial questions to help you run your business more efficiently.
- Am I carrying too much inventory?
- How can I get a loan or line of credit?
- Are all my expenses reasonable for my current situation?
Financial Statement Reviews
A review of your financial information provides a higher level of assurance where some analytical procedures are conducted, but it is not as in depth as an audit. Our review report expresses limited assurance that there are no material modifications that should be made to the financial statements in order for them to conform to generally accepted accounting principles.
Ask Us About Financial Statement Reviews