We provide scalable accounting services for businesses of all sizes. Call us today for a free consultation to find out how we can help. Mark Dicus and Company is you premier choice for Accounting services whether you are here locally in the Las Vegas area or anywhere in the world. If you are looking for an experienced US based firm, then look no further.


We provide a comprehensive range of services in the areas of financial management, operations, risk management, strategy and technology. We offer a customized approach to our services that's based on your needs. Additional business services include: Bookkeeping, CFO Services, Cash Flow Management, Strategic Business Planning, Tax Strategies, and more.


We can assist in managing and minimizing all aspects of our client's tax liability, including, but not limited to, Federal, State and transfer taxes. Advance planning results in substantial benefits and allows time for developing alternative tax strategies. We also provide businesses period-end closing, financial statement preparation and budgeting on scheduled.

Advantages of Financial Statement Prep in Renton, WA; Cash Flow Review, Inventory Stock Movement & More

In a clear and concise manner, financial statements present the financial activities and health of the business. Balance sheet, income statements, cash flow statements, and statement of retained earnings are included in an organized manner. As required by accounting standards that are used, further disclosures are made as per relevant laws and regulations, however. To become more useful to various stakeholders, financial statements record all the financial data of the business when evaluated and critically analyzed. With the right financial statement preparation that ensures accurate, reliable and relevant financial data, there are many benefits business owners can count on and we at Mark Dicus & Company would like to share these advantages today.

Advantages of Financial Statement Preparation for Analysis

While the income statement shows the incomes and expenses incurred during the period, a balance sheet provides a summary of the position of the business at a particular date. Within the business, a cash flow statement shows movement. Especially clearly knowing each element like revenues, expenses, assets, liabilities and equity, via the use of these statements, stakeholders can understand and assess the entity’s financial performance and positions. The advantages for meticulous financial statement preparation are listed below.
1) Cash Flow Review. The ability of the company to pay liabilities is shown by the financial solvency. Breaking the statement into operating, investing and financial parts, the statement of cash flow review helps you understand whether the business is operating under a cyclical revenue stream structure or consistent revenue model. Also, it maintains the expenditure of business inline within the revenue model it operates in.
2) Liability Review. The short- and long-term obligations of the business are presented with financial statements. The owner must look at the statements of financial position and deduce the logic as to whether the business should reduce existing liabilities to apply for further capital expansion in the event the owner wants to expand his business. To determine the prospect of business on the basis of revenues, assets and liabilities, lenders will review the financial statements.
3) Movement & Review of Inventory Stock. The ability and nature of goods of the business is shown through the levels of opening and closing stock as a percentage of purchase and sales along with the changes and movements in the levels of stock throughout the year shows. Fast-moving or slow-moving or change in the trend of sales and so on is shown whether the goods are in demand. It is considered as a negative for the business prospect and growth when the goods are slow-moving as compared to industry.
4) Trend Identification. To identify the trend in business, the business owner should prepare and compare financial statements over various periods. Which segments are growing well and which segment of business needs further review and re-investment or complete exit at once are determined through knowing what products are selling well. The performance of the business is identified with the trends, thus making it a necessity for the business to sustain the growth and achieve higher profits.
5) Budget Preparation. Having a vision, business preparation vision provides a definition of business goals and objectives. By analyzing the past financial statements already prepared and audited, the objective of financial statements is to prepare a blueprint for the future. To keep the expenses in line with income, budgeting helps. Using prepared financial statements, the budgets are forecasted.

Financial Statement Preparation & More in & Everett, Bellevue, Kirkland, Renton, Kent, Tacoma & Seattle, Washington

For your financial statement preparation services, call the experts of Mark Dicus & Company. We are readily available and offer a number of accounting and bookkeeping needs.

Accounting, Consulting & Tax Services in Greater Las Vegas NV, Cedar City UT, Seattle WA, San Francisco CA, Milwaukee WI & More