A Reliable Accountant

Generally, people would only seek the services of an accountant during tax season. Even business owners also make this mistake. But you should not make that misstep especially if you are an entrepreneur. If you are living in Dallas, GA, you should entrust your accounting needs to Serita Lombard, CPA. We can guarantee that when we create the financial statements, they would be in accordance with the Generally Accepted Accounting Principles as well as the International Financial Reporting Standards. This is what we will do to ensure that your financial reports would reflect these rules. Accountant in Dallas GA

As what is stated in the conceptual framework laid out by the International Accounting Standards Board, financial reports should be free from material misrepresentations and timely. The accuracy of your financial statements would greatly depend on how correctly your business transactions are recorded. Which is why we have to review each transaction carefully before we will record it. When we finally do, we would journalize them in a way that follows the accrual basis of accounting. As a certified accountant, we understand the importance of doing this because following the cash basis of accounting would only result in understated assets, overstated liabilities, and understated revenues.

Once we are done journalizing the transactions, we can post the balances of each line of account to a general ledger. To check if the balances are correct, we have to check that the debit side of the general ledger is equal to the credit side. Even before this phase, it would also be wise to check that journal entries have equal debit and credit balances. We are now ready to create your income statement, balance sheet and statement of owner’s equity. If you want, we can also create the statement of cash flow.

Call us Whenever You Need Our Tax Preparation Services!

When it comes to financial statements, there is one accountant in Dallas, GA that can assure you that the numbers on it are accurate. That would be no other than Serita Lombard, CPA. We would not just create financial statements that are free from material misrepresentations. But they would also be timely. So what are you waiting for? Call us now at (770) 443-5437 for more details!

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