Statement Preparation
Balance sheet, income statement and cash flow statement prepared on a consistent basis, with inventory, accrual and deferred items supported by schedules that reconcile to the ledger.
- Monthly and quarterly reporting packages
- Annual financial statements with supporting workpapers
- Multi-entity consolidation and intercompany elimination
- Comparative and budget-to-actual presentation
Segment and Location Reporting
Vertically integrated operators benefit from seeing cultivation, processing and retail as distinct economic units with internal transfer pricing, even when they sit inside one legal entity.
Preparing for External Review
If an audit or review is on the horizon, the preparation work is largely documentation: policy memos, reconciliations, inventory support and a clean trial balance. We assemble that package in advance.
Frequently Asked Questions
- Do you perform financial statement audits?
- Our work is preparation, advisory and documentation. Where an independent audit is required, we prepare the company and coordinate with the independent auditor.
- How soon after month end should statements be available?
- A well-run close produces reviewed statements within ten to fifteen business days. Longer than that usually indicates a reconciliation bottleneck.
- Can reporting be broken out by location?
- Yes. Location and department dimensions should be built into the chart of accounts from the start.