Accurate, timely, and comprehensive accounting and financial reporting are critically important because it enables property owners and managers to monitor, evaluate, and manage a property’s income, expenses, reserves, cash flow, and economic performance. It also facilitates the preparation of budgets and financial projections, including planning for capital and tenant improvements.
All money that flows in and out of a real estate investment should be tracked and accounted for. The role of accountancy is to adequately report this flow of money and other business transactions to help both internal and external review in making business decisions.
Trimark Corporation’s sophisticated commercial real estate software allows us to deliver professional, GAAP-compliant financial reports that can be tailored to meet each client’s individual preferences, while also providing transparency with strict internal controls to deliver peace of mind for our clients.