Analyzed based on personal tax returns, business tax returns,
property operating statements, rent rolls, schedule of real estate owned and CPA reviewed financial statements.
Processed accounts payables and receivables, reporting
of operating statements, reports and operational budgets using My Compass Finance.
This will include review of
historical operating statements, entity tax returns, rent roll (multifamily) or existing leases, lease abstracts and lease summary (commercial).
The Treasurer shall submit annually a statement of income and expenses, as well as
the operating statement, along with the Treasurer's Report.
So, if you are interested, please review
their operating statement yourself, which can be found on their web site.
Accurately completed tax forms 941 and 940 for personnel payroll taxes, and developed Excel spreadsheets for expenditure reports and monthly
operating statements.
The primary aspect of the draft changes redefined all operating leases as right - of - use assets (capital leases), thereby moving accounting from
the operating statement to the balance sheet.
Sometimes, there can be fairly radical changes right before you close, so don't just assume the rent roll and
operating statement you have from two months ago when you signed the contract is just like the current condition.
The operating statement and rent roll showed the portfolio that was kind of performing, but had a decent amount of vacancy and delinquency.
Your right to audit: A tenant should always have the right to challenge and inspect the landlord's
operating statement and ensure that no «fake fees» are being charged.
Also, the above list includes almost zero financial due diligence, such as budgets, ledgers or
operating statements — it's mostly information on the property itself.
Are their one - time expenses in
the operating statement that should be removed from the projected operating budget?
Lots of important information can be hidden in the property's
operating statements.