Financial Statements

A financial statement clearly illustrates a company’s financial position and activities. They are beneficial if you want to stay up-to-date on where your money is coming from and going to. They are vital to have for Australian Tax Office (ATO) audits of business activities and financial information. Therefore, you need GC Accountants—Newcastle based experts in organising financial reports. Our team helps your business to keep a record of all financial transactions and tax obligations—so you don’t have to worry about tax returns or audits.

We know tax audits can be confusing, and they generally occur when the ATO nominates your company for a closer inspection—and everyone can be the subject of a surprise audit. We aid businesses – big and small – to collate information into foolproof financial statements. So, if an audit occurs, we can liaise with the ATO for you and show them comprehensive financial information.

We also understand every business has distinctive qualities. No two companies will have the same employees, cash flow, objectives, or challenges facing them. That’s why GC Accountants approach every financial statement with candour, integrity and efficiency. We assemble comprehensive financial reports for general use, tax time, audits, and everything in-between. Leave it to us and take the headache and guesswork out of collating financial statements for tax returns—reach out to GC Accountants today.

Keeping track of your company’s financial statements and tax issues is extremely challenging and time-consuming.

GC Accountants are experienced specialists in the detailed analysis of financial records. We know the ins and outs of interpreting economic data and translating it into succinct statements of financial position that follow all the reporting requirements.

GC Accountants simplify the financial statements process, which consist of four main components

  • Balance sheet statements—illustrate business assets and how much money is owed
  • Income statements—how much money the company spent and made
  • Cash flow statements—how much money was exchanged between the business and customers
  • Financial statements— indicate the evolution of the interests of a business’s shareholders.

GC Accountants are experienced specialists in the detailed analysis of financial records. We know the ins and outs of interpreting economic data and translating it into succinct statements of financial position that follow all the reporting requirements.

We also understand every business has distinctive qualities. No two companies will have the same employees, cash flow, objectives, or challenges facing them. That’s why GC Accountants approach every financial statement with candour, integrity and efficiency.

We assemble comprehensive financial reports for general use, tax time, audits, and everything in-between. Leave it to us and take the headache and guesswork out of collating financial statements for tax returns—reach out to GC Accountants today.

Do you have any questions? We offer a free no obligation consultation.