As a business evolves, financial statement preparation and presentation will change according to the audience for the financial report. 

For example, when the only people who receive the financial reports are owners and managers, the presentation and level of detail differs substantially from situations where recipients of the financial statements are banks or investors. 

Banks view financial statements with an eye towards collateral and repayment of debt, whereas investors generally have a longer term view and are more concerned with the increase in operating performance (read: VALUE), because their ownership interest will eventually be calculated as a function of the value of the business.

RockRidge Financial accountants and controllers will develop the proper financial statement presentation depending upon the audience and how the financial information will be used.