We hope you and your loved ones are staying safe during the COVID-19 outbreak. In light of school and office closures, we wanted to inform you that Mock & Associates is taking every precaution necessary to ensure a safe environment, and we've implemented internal measures to ensure the safety of both our employees and our customers.
Given the nature of our business and the looming deadline to file taxes (extended to July 15, 2020), we remain open for business to make sure that our customers can address their tax questions and concerns and file taxes on time.
If you have questions or are looking to set an appointment, please call (623) 334-1400 and we'll have you sit down with someone from our team.
2020 [EXTENDED] Tax Filing Deadline: July 15, 2020 |
A balance sheet gives you a snapshot of your business’ financial condition at a specific moment in time. Running a business is a time consuming endeavor. Ensuring that your firm’s accounting is done properly and your company’s underlying finances are kept in check can add to the time it takes to your day to day operations. So let us do the heavy lifting and keep your balance sheet up to date and ensure its accuracy.
A balance sheet helps you…
Quickly get a handle on the financial strength and capabilities of your business.
Identify and analyze trends, particularly in the area of receivables and payables. For example, if your receivables cycle is lengthening, maybe you can collect your receivables more aggressively.
Determine if your business is in a position to expand.
Determine if your business can easily handle the normal financial ebbs and flows of revenues and expenses?
Determine if you need to take immediate steps to bolster cash reserves?
Determine if your business has been slowing down payables to forestall an inevitable cash shortage?
Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.
Call us Today! (623) 334-1400 or click here to get a hold of us.