The State of Statements:
Balance Sheets, Income Statements
and Statements of Cash Flow
Robert M. Traynor, Ed.D., MBA
Robert G. Glaser, Ph.D.
CEO/Audiologist
CEO/Audiologist
Audiology Associates, Inc.
Audiology Associates of Dayton, Inc
Johnstown, Colorado
Dayton, Ohio
Introduction
For most audiologists the patient is foremost in mind as we
patient-centric practitioner is to be in business next year when the
patient needs things that are warranty items, or other services that
provide hearing care services. Successful practitioners know that
may be of benefit to them. There are many stories of highly suc-
when their practice is centered on their patient’s welfare, success
will usually follow. Probably the greatest responsibility of the
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