Andre Marques Accountant

Financial Statements

Accounting
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Two factors compel businesses to produce financial statements:

-Potential investors and lenders expect financial statements.

-Canadian corporations have to produce financial statements in order to file a corporate tax return.... +

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Two factors compel businesses to produce financial statements:

-Potential investors and lenders expect financial statements.

-Canadian corporations have to produce financial statements in order to file a corporate tax return.

Financial statements provide an important gauge of performance that you can use to review the success of your small business. They bridge the knowledge gap between you and the outside world, which in turn reduces your small business’s cost of capital.

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