Financial Statements

Gain a better understanding of your ongoing financial situation with custom financial statements for your personal or business accounts.

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Financial Statement Providers in Plantsville, CT

Annual Statements, Monthly Statements, and More

We understand the importance of financial statements to businesses and individuals alike. That's why we offer financial statement services to help provide a clearer financial picture for clients. Whether it’s an annual report or monthly financial statement, Wayne W. Stanforth, CPA can provide accurate and reliable financial information that clients can use to make sound decisions. 

Why Do I Need Financial Statements?

Financial statements are essential financial documents that provide a comprehensive overview of financial position and performance. They are used to assess the financial health of an individual or business, and can be used for tax planning and financial forecasting. Our financial statement services include the creation of financial statements such as balance sheets, income statements, cash flow statements, and more. 

Benefits of Financial Statement Services

What are some of the benefits that you can reap from our financial statement services? When you regularly monitor your finances, you will be able to:

Better understand financial position and performance

Track financial progress over time

Make informed financial decisions

Facilitate financial planning and forecasting 

Types of Financial Statements

We can provide financial statements for both individuals and businesses. Although our services can be designed to meet the needs of all our clients, standard financial statements typically include the following: 

Balance Sheet. A balance sheet is a financial document that summarizes the financial position of an entity. It includes assets, liabilities, and equity. 

Income Statement. An income statement is a financial document that shows how much money was made over a certain period of time by an individual or business. 

Cash Flow Statement. A cash flow statement is a financial document that tracks cash flows into and out of a business or individual. 

Statement of Retained Earnings. A statement of retained earnings is a financial document that summarizes the changes in shareholders’ equity from period to period.

Contact Us for Your Financial Statement Needs 

We understand that financial statements can be complicated and time consuming to create, so our accountants are here to help you understand and interpret financial statements. With over 35 years of experience in the financial industry, you can rest assured that your business accounting is in good hands with Wayne W. Stanforth, CPA. If you need financial statement services for your business or personal finances, contact us today!

Contact Us Today

For more information or to schedule a free consultation, call us at (860) 628-4995 or click the button below to contact us online.

Contact Us

For more information about financial statements or to schedule a free consultation, call us at (860) 628-4995 or visit our contact page.

Why Choose Wayne W. Stanforth, CPA?

Handing over your finances can be nerve-wracking, but our team instills trust in clients by offering:

Over 35 Years of Experience

Over 35 Years of Experience

Full Range of Financial Services

Full Range of Financial Services

Free, No-Obligation Consultations

Free, No-Obligation Consultations

Comprehensive Individual & Business Accounting

Comprehensive Individual & Business Accounting

Hear From Our Happy Clients

Our area of expertise is numbers– we leave the writing to our clients! Take a look at what some of our dedicated customers have said about their experience with our services and why they continue to utilize us as their accountant of choice.

"Wayne has done an excellent job for the past two years assisting with my taxes and filing other important papers for my business as well as handling tax returns for my wife and I personally.  He responds to questions immediately and is attentive to detail and overall has been a great help."

Randy C.

"Wayne W. Stanforth, CPA has done our taxes for years.  He has been very helpful in explaining the intricacies of owning your own business and how to report as well as having rental properties.  He also keeps his commitments regarding when the taxes will be done.  I highly recommend his services!"

Susan Q.

"My wife and I seek the accounting services of Wayne every tax season and we have been doing so since 2001. I am a firm believer in doing business with people I can trust and over these past 17 years Wayne has never failed in being a down-to-earth, warm and honest man to us both."

Jerry O.

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