FINANCIAL REPORTING

elevaro offers the following financial reporting services.

BALANCE SHEET

The preparation of a snapshot of an individual's or businesses' financial health - a summary of the financial balances of an individual or business stating the assets, liabilities and ownership equity at a particular point in time e.g. at the end of the financial year.

PROFIT & LOSS STATEMENT

The preparation of a financial statement that summarises the revenue and expenses for a specific period of time. It indicates and highlights an individual's or businesses' ability to generate a profit.

CASHFLOW STATEMENT

The preparation of a financial statement that shows the flow of cash in and out of the businesses' or individual's business. It is useful in determining the short-term viability of a business or the individual's business - in particular, it's ability to pay its bills.