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Your financial statements not only communicate the health of your company to your bonding agent, but they also give you a clear understanding of where you stand. This week, find out the basics of what should be included in those financial statements.

 Topics we cover in this episode include:

• The key components of a good construction financial statement
• Levels of financial statements
• What your bonding agent looks for in your financial statements
• Supplementary Reports
• Cash flow statement
• Five minute bond underwriting
• Notes in the financial statement

LINKS

Visit the episode page at https://carpenterCPAs.com/statements for more details and a transcript of the show.

Find all episodes and related links at ContractorSuccessForum.com.

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Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs
   
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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com