The traditional purpose and resulting end product of accounting firms has been the preparation of financial statements: Balance Sheets, Income Statements, Cash Flow Statements, etc. The professionals of Kohler and Franklin, Certified Public Accountants would be pleased to work with your business to prepare such schedules in conformity with the rules required by the American Institute of Certified Public Accountants’ Statements on Standards for Accounting and Review Services. These reports can then used as the underlying basis for income tax and personal property tax filings, substantiation for various financial transactions, or source data for valuation engagements
We will work with you to determine whether monthly, quarterly, or annual financial statement preparation is best for your business as well as deciding on the most efficient way to capture the raw data from your business’ day to day activities. We are able to do the work at our office with our commercial accounting software or can assist you and your staff with using your own on-site software.