Janet H Wong, CPA     Certified Public Accountant

Financial Statements

Why do you need accountant-prepared financial statements? 
  Some of the common reasons are:

 

ü  To ensure proper presentation of financial information

ü  As required by lender for financing arrangement

ü  To assist in business valuation

ü  Valuation needed for various financial planning

 

I’d be glad to work with you to determine the type of Financial Statements you need:
  • Compiled Financial Statememt
  • Reviewed Financial Statement
  • Audited Financial Statement
  • Personal Financial Statement

Examples of situations: 

  • Homeowners - when applying for home mortgage or to re-finance existing indebtedness
  • Jointly-Owned Investment - provide owners the income and expense information needed for income tax preparation.
  • Real Estate Investment - as required by financial institution during  acquisition of property.
  • Business Acquisition - Buy/Sell business operations, buy-out business partners, buy/sell interest in family or closely-held business.
  • Life Events - Estate Planning, Retirement Planning, assets and liability valuation in case of divorce.

 

 

Copyright . Janet H Wong, CPA. All rights reserved.