Understanding Your Financial Reports

A Practical Guide for Business Owners

Your financial reports are more than just numbers—they’re the story of your business. At North Okanagan Bookkeeping, we believe that understanding this story is key to making confident, informed decisions that support your growth. This guide breaks down the three core financial statements every business owner should review regularly:

Profit & Loss – Understand your revenue, expenses, and bottom line
Balance Sheet – See what you own, what you owe, and what your business is worth
Cash Flow Statement – Track your real-time financial health and plan ahead

Whether you’re reviewing reports with your accountant, preparing for tax season, or simply want to feel more in control of your finances, this guide is a great place to start.

Download the Guide
Let’s take the weight off your shoulders—starting with clarity.