"Notes added to financial statements are one of the most
important parts of the presentation," says Twaddell.
"They tell [investors] things the numbers never can." One
more reason to get a CPA-prepared financial statement: In-ternally
generated statements rarely have notes, which handicaps investors
right from the get-go, inviting them to walk away from the deal
until the information becomes available.
Contact Source
Originally published in the January 2001 issue of Entrepreneur Magazine
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