Business Accounting in Staten Island - (718) 227-1835

Business owners have to wear many different hats to run their business properly. Accounting is time consuming, technical. When not done correct it is costly.

Focus on What Matters Most – Running your Business.

Free up time. It takes precise focus; you cannot afford to make mistakes when it comes to the finances of your Manhattan business. Use your valuable time to build your business.

David Valvik CPA PLLC understands that when it comes to your business, you need to know the exact state of your current financial situation. You can rest easy knowing that the accounting aspects of your business are being taken care of by a trained professional.

David Valvik CPA PLLC is here to help the businesses of Staten Island with:

Understanding your Financial Statements – We can help you understand what the financial statements are revealing. Understanding your current situation is necessary to initiate plans for improving your results. We offer insights to help you improve performance.

Creating and interpreting your Balance Sheet – if you want to know the financial state of your business at a certain period you need to understand your Balance Sheet. Understanding your assets (what you own) and liabilities (what you owe) is crucial. Once you understand these you can then manage them better. We can help you do this.

Creating and interpreting your Income Statement – to learn if your company is making a profit or is spending more than it earns, an income statement, also known as a profit and loss statement, is essential. Understanding and improving your revenue sources is important. Equally important is understanding and improving the costs (your expenses) to create those revenues. We can help you understand and manage these better.

Creating and interpreting Cash Flow Statements – Many companies are quite profitable yet they can still have trouble paying their bills timely. Good cash management can improve a company’s liquidity, improve relationships with your vendors, reduce costs, and increase profitability. Cash flow managing is the management the lifeblood of your organization. We can help you improve your cash flow.

We can help you maintain optimal cash levels, understand your sources and uses of cash, help you forecast expected cash in and expected cash out. We can help you analyze spending and optimize your budget.

Review your ledger – we will perform a monthly review of your ledger to make sure all your books are in order.

Consultation - If you have any accounting questions, then we are here to answer any and all of them for our clients.

Questions? David Valvik CPA PLLC has answers!

We have helped many businesses in Manhattan keep an accurate financial record of their situation. If you have any questions about any of the services we offer, then please contact us at (718) 227-1835.