For many clients, the preparation of financial statements is often their first introduction to Eastwoods services - and a task that is vital to business success.
Preparation of financial statements for your business is critical. It enables us to understand your business and work with you to;
- Complete Income Tax returns and other statutory returns
- Report to banks or other financial institutions
- Assist in establishing budgets and forecasts for the ongoing operation of the business, and
- Enable periodical and annual profit and loss analysis.
However, Eastwoods' services go well beyond the basic preparation of financial statements. We can also assist you with;
- Preparation and ongoing monitoring of cashflow forecasts and budgets
- Analysis of financial statements for profitability, and
- Preparation of Benchmark reports for comparison with industry averages.
Another significant part of our service is supporting businesses with maintenance of accounting and reporting systems. We offer training in the implementation and use of several commercial accounting/bookkeeping packages, including Quickbooks, MYOB and Cashflow Manager.