ACCOUNTING SERVICES

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.

BUSINESS CONSULTING

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.

TAX SERVICES

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.

What are the 3 Most Important Financial Statements for a Small Business in Millcreek, UT? Balance Sheet & More

As a small business owner, there are some things that are simply part of owning and running a successful business. Financial statements are one of those things. There are a few financial statements that are necessary for the success of small businesses. Mark Dicus & Company is here to talk about them in detail so that you understand what these financial statements include.

What are Financial Statements?

It’s important to have a good understanding of what financial statements are a small business owner. They are documents that show in detail a company’s financial performance throughout the quarters that make up the calendar year. A healthy financial statement will include three different documents, income, balance statement, and cash flow statement.

Income Statement

he income statement is often referred to as the profit and loss statement. It helps business owners track their profitability. It will be a document that shows both the profits that are made, also known as revenue. It will also clearly show all the total expenses it took to make that revenue. This can help companies make informed decisions about how to allocate resources.

Balance Sheet

A balance sheet statement will give a small business a clear picture of their financial position at any given time. There are several things that are included in a balance sheet. Things like liabilities, assets, and equity will be included in this document. This can allow a company to see clearly their financial health and the sustainability of their company. It can be the key to keeping your company from becoming insolvent.

Cash Flow Statement

Easily the most important statement for small business owners is the cash flow statement. This is a document that provides critical information about your company’s ability to manage and generate cash flow. There are several financial obligations for small businesses and the cash flow statement gives you the picture you need to ensure you have enough cash to cover those obligations. You will be able to see the inflow and the outflow of cash within a specific timeframe and will be divided into three different sections: operating activities, investing activities, and financing activities.

Using Financial Statements to Make Smart Decisions

Understanding your company’s financial performance is one of the biggest keys to making wise decisions for the company. Comparing your financial statements over time can help you identify trends patterns in the way that your company operates. This is the best way to improve your company’s financial performance.

Tax Preparation, Filing, Planning & More in Salt Lake City, St. George, West Valley City, Provo, Orem, West Jordan & Greater Cedar City, Utah

Since financial statements are so essential to your company’s success, it’s important that you get them right. At Mark Dicus & Company, we will prepare your financial statements for you so that you know they have all the information needed to make wise choices for your company. Let us handle your accounting needs, as it is our goal to help your business achieve all the financial goals that you have in place. Call us today!

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