Financial Statement

A financial report is a major tool in understanding the financial condition of a company. Through this report, the owner, manager, investor, and other related parties can analyze business financial health.

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A financial report is a major tool in understanding the financial condition of a company. Through this report, The owner of the company, manager, investor, and other related parties can analyze business financial health and prepare for the next strategic plan.

Financial reports must be compiled based on common accounting principles (GAAP) or international financial reporting standards (IFRS).These principles keep the resulting reports consistent, relevant, and reliable. RED CONSULTING as one of leading Bali Business Consultant has a professional team who are ready to assist you to provide your financial report.

There are 4 (four)  types of financial reports, which are :

  1. Income statement; statements give you an idea of income., cost, as well as the profit or loss that companies make during a certain period
  2. Financial Position Report (Balance Sheet); Financial or balance sheet reports represent the financial position of a company at the end of a certain period
  3. Cash flow statement; Cash flow statement describes the flow of the companys cash in and out over a specific period of time. RED CONSULTING as one of leading Bali Business Consultant will provide the report as your company needs.
  4. Statement of changes in equity; This reports of change in equity describe changes in stockholders over a certain period of time. These reports include information about change in capital, Profits are being held., as well as dividend distribution to shareholders.

Why Choose R.E.D Consulting to Handle Your Business Problem?

Benefit 1

Speed of Response

A key indicator of our dedication to our service and operational efficiency, making it an essential aspect of the tax service industry.

Benefit 2

Consistence Service

Our ability to deliver reliable, high-quality service every time a client interacts with taxation problem.

Benefit 3

Local Expert

Well-versed in regional tax incentives, credits, and deductions that might be overlooked by more generalized services.

Benefit 4

Flexible Solution

Providing personalized, adaptable, and responsive support to meet the unique needs of our client.

Benefit 5

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Ensuring our clients' sensitive financial and personal information protected from unauthorized access and cyber threats.

Benefit 6

Experienced Team

Years of hands-on experience and deep knowledge of tax laws and regulations, to deliver exceptional service.

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Don't let any tax benefits pass you by. For a free tax consultation and a solution designed exclusively for your company's needs, get in touch with us today. We can grow your company together and make it even better.

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Most question asked on Financial Statement services.

What are the Key Components of Financial Statements?

Financial statements consist of several key components. The income statement shows revenue, expenses, and net income or loss over a specific period. The balance sheet presents assets, liabilities, and equity at a given point in time. The cash flow statement details the cash inflows and outflows during a period. Lastly, the statement of changes in equity outlines changes in shareholders' equity.

Who Uses Financial Statements?

Financial statements are utilized by various stakeholders. Investors assess a company's financial performance to make informed investment decisions. Creditors evaluate a firm's ability to repay debts. Management uses financial statements for internal analysis and strategic planning.

Regulatory bodies, analysts, and potential business partners also rely on these statements for different purposes.

How Often are Financial Statements Prepared?

Typically, companies prepare financial statements quarterly and annually. Quarterly statements provide insights into short-term performance, while annual statements offer a comprehensive view of the company's financial position over a full fiscal year. Additionally, companies might create other specialized reports or statements as needed for specific purposes or stakeholders.