What’s included in financial statement preparation?

Preparation includes a reconciled Profit & Loss statement, Balance Sheet, and Cash Flow statement, plus General Ledger and supporting schedules like A/R and A/P aging. Lender packets are available on request.

Cash vs accrual—what’s best?

Most lenders prefer accrual-basis for a full financial picture. We can prepare reports on either basis and explain the impact on your business's financial narrative.

How fast is turnaround?

Initial cleanup projects often finish in approximately 2 weeks after data access is granted. For ongoing clients, monthly closes target the 10th business day.

What do lenders usually require?

Lenders typically require YTD P&L and Balance Sheets on an accrual basis, prior-year comparatives, and reconciliations. We package these into a professional lender-ready format.

Preparation/Compilation vs Audit/Review?

Preparation and compilation services organize and present management’s data without providing assurance. Review and audit are separate, higher-level assurance services.

What do you need from me to begin?

To begin, we need bank and credit card statements, POS/AR/AP exports, access to your QuickBooks or Xero account, and any specific lender request lists.

Home

Small Business Financial Statements in Mokena IL

Team preparing small business financial statements at Wozny Tax & Accounting Co. in Mokena, IL. Accurate, lender-ready reports for informed decisions.

Small Business Financial Statements Mokena IL – Lender-Ready, On-Time, Decision-Quality

Bookkeeping shouldn’t be a headache. We deliver lender-ready, decision-quality financials on a predictable schedule—so you can run the business with confidence.

Schedule My Accounting ConsultationLet Us Help

Top Rated Mokena Small Business Accounting

Why owners call us about financial statements

“Messy books,” “late statements,” and unclear cash flow create stress—especially when a bank asks for reports and you’re not ready. If you’ve had loan applications rejected or feel behind and overwhelmed, you’re not alone. We help you get current and stay current.

We also offer monthly close bookkeeping services to keep your accounts organized and accurate.

Your guide for small business financial statements in Mokena, IL

The Wozny Tax Company prepares small business financial statements in Mokena IL with CPA/EA oversight. We reconcile every account, apply GAAP where required, and produce clean Profit & Loss, Balance Sheet, and Cash Flow reports. You’ll use our secure portal, and we coordinate with lenders when needed. QuickBooks Online/Desktop and Xero welcome.

Schedule My Accounting Consultation

Benefits you can bank on

Lender-Ready Statements

Professionally formatted, GAAP-informed financials packaged for banks and landlords—so your numbers inspire confidence.

On-Time Monthly Close

Predictable close (by a set day each month) with reconciled accounts—no more last-minute scrambles.

Clear Cash Flow Visibility

Cash flow statement + simple insights, so “where did the money go?” turns into informed decisions.

Cleanup + Catch-Up Path

Behind? We clean up the books, fix coding, and reconcile the mess—then keep you current.

Fewer Surprises at Tax Time

Tidy ledgers and monthly reviews reduce year-end surprises and speed up tax prep.

Our team can also assist with estate & trust tax preparation in Mokena and Illinois sales tax filings to ensure your business stays compliant.

How we work (and when you’ll get it)

Discovery & Data Access (Day 0–2)

We review your goals (loan, lease, internal), connect to bank/credit cards, and get portal access set up.

Cleanup & Reconciliations (Days 3–10, project-dependent)

We correct coding, post adjustments, and reconcile every account—so the books are reliable.

Prepare P&L, Balance Sheet, Cash Flow (Days 10–12)

We produce period financials (monthly/quarterly/annual) plus supporting schedules as needed.

CPA/EA Quality Check (Day 13)

You receive confirmations, payment proofs, and saved PDFs. We update your filing calendar for the next period.

Delivery & Review Call (Day 14)

We deliver PDFs and source reports, walk you through the numbers, and include a lender packet (cover letter + key ratios) if needed.

Timelines vary with data completeness; rush options available.

Scope note: This service is preparation/compilation, not an audit or review. Results depend on timely, complete client information.

What business clients say

“They reconciled months of backlog and delivered bank-ready statements on time.”
— Retail owner, Frankfort

“Clear reports, fast answers, fewer surprises at tax time.”
— Contractor, Orland Park

Helpful extras

Deliverables (typical set)

P&L, Balance Sheet, Cash Flow, General Ledger, Bank/Credit Reconciliations, A/R & A/P aging, selected KPIs/ratios.

Monthly close at a glance

Close target by the 10th business day; draft review; final delivery + brief call. Reminders via secure portal.

What a lender packet can include

Cover letter, year-over-year comparisons, trailing-12, current ratio, debt-to-equity, DSCR, and notes on one-time items.

Software we support

QuickBooks Online/Desktop, Xero. We’ll meet you where your data lives.

Frequently Asked Questions (FAQs)

Schedule My Accounting Consultation

Tax Preparation Service Area From Our Mokena, IL Office

Let our Certified Public Accountants along with our full service team help make your business more successful so you can achieve the financial success you deserve.

Address

The Wozny Tax Company
9400 Bormet Dr, Suite 7, Mokena, IL 60448

Phone: 708.479.1700

Business Hours

Monday: 8:00 AM–8:00 PM
Tuesday: 8:00 AM–8:00 PM
Wednesday: 8:00 AM–8:00 PM
Thursday: 8:00 AM–8:00 PM
Friday: 8:00 AM–8:00 PM
Saturday: 8:00 AM–8:00 PM
Sunday: Closed

Service Area

Serving clients from Joliet, Mokena, Hinsdale, Oak Park, New Lenox, Homer Glen, Naperville, Plainfield, Bolingbrook, Orland Park, Tinley Park, Downers Grove, Oak Lawn, and Manhattan.

Book My Tax Consultation