Financial statements or tax returns tell a story about a business. They can tell the reader if a business is becoming stronger or weaker. A strong business is able to increase its revenues and profits over time. Increasing assets and decreasing debts can also indicate a business is growing stronger. Most importantly you need to be able to trust the financial statements that are telling you the story. Financial statements or tax returns prepared by a properly qualified outside party are more reliable. Please see our February 2014 newsletter on “Understanding Financial Statements” for more information on the topic.