Accounting And Financial Reporting For Michigan Businesses
A clean bookkeeping file tells you what happened. It doesn't tell you what it means. Most owners have plenty of reports available and very little time to read them, so the P&L sits in an inbox and decisions get made from the bank balance instead.
Accounting and financial reporting is the layer we build on top of the books. Once the month is closed through our bookkeeping services, we turn it into a package you can read in one sitting and a cash forecast that shows where the next few months are heading. Then we walk through it with you by video or phone, so the questions get answered while they're still fresh.
It's also the bridge to bigger decisions. When the reporting starts raising questions about pricing, hiring, financing or expansion, that work moves naturally into our CFO and advisory services, where we act as your outside advisor. We do this work for businesses across Michigan and virtually anywhere in the country.
Two Services That Turn The Close Into Answers
Each one can stand on its own. Together they cover both where the business has been and where the cash is going.
Monthly Financial Reporting Package
A prepared package rather than a folder of exports. Each month you get your statements, the comparisons that actually matter for your business, like this month against the same month last year, and a short written note on what moved and why. We keep it to the pages you'll use. Then we go through it together, so a monthly financial reporting package for your business becomes a conversation instead of an attachment you meant to open.
Cash Flow Analysis & Forecasting
A profitable month can still leave the bank account thin, because profit and cash run on different schedules. Our cash flow analysis and forecasting for small businesses maps what is really coming in and going out, then looks ahead week by week at payroll, tax payments and the seasonal swings Michigan businesses know well. Hiring, inventory and equipment decisions get made with the cash picture in front of you rather than behind you.
What Makes A Financial Report Worth Opening
Reporting only earns its place if it changes what you do next. Three things make that happen.
Before You Add Reporting To Your Books
Do you need to keep my books to do the reporting?
It helps, but it isn't required. If your team keeps the books in QuickBooks Online, we review and close each month first, then build the reporting from that closed file. That's how our CFO and Accounting & Tax packages already work. What we won't do is report from books that haven't been reconciled, because those numbers wouldn't be worth reading.
Are these audited or reviewed financial statements?
No. We prepare financial statements on an income tax or GAAP basis for running the business and for many lender conversations, but we don't perform audits, reviews or other attestation work. If a bank, investor or agency requires one, we'll point you to a partner firm and make sure the books are ready for them.
How is this different from fractional CFO work?
Reporting tells you what happened and what's likely coming. CFO work is what you decide to do about it: targets, budgets, pricing and capital. Plenty of owners start with the reporting package and add advisory work once the questions get bigger. Either way, it's an engaged outside service, not a seat on your payroll.
See What Last Month Was Really Telling You
Book a free consultation and bring a recent profit and loss statement. We'll show you what a reporting package and a cash forecast would look like for your business.