Preparing Financial Statements - EXCOL, LLC
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Preparing Financial Statements

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How We Prepare Financial Statements

To end the cycle, you prepare the financial statement, which means getting the balance sheet, income statements, and cash-flow statements ready to review. That can be quarterly or annually, depending on how it works best for your company. To have a financial statement, you need to have extremely well-kept books following the generally accepted accounting standards. If you don’t follow the standards, you’ll have trouble during a financial statement audit.

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