Financial audits can help you improve your business in a multitude of ways. It is analysing and evaluating the financial statements of a business. The financial statements are the records of business transactions of your company. There are a few types of financial statements. Balance sheet Cash Flow statement Equity statement Income statements All these … Read more
Balance sheets are integral to every business. The balance sheet is the statement of the financial position of a company at a given point of time. It gives complete information about the assets, liabilities and the net worth of the firm. It is one of the tools to keep track of earnings and spendings by … Read more
The financial strategy of the company requires planning, budgeting and forecasting usage more suitably. While the three terms are inter-linked and emphasizes building a financial road-map for your business, they are not at all the same. Let’s explore what these terms significantly mean with their similarities and differences between them. Strategize the plan The first … Read more
If you want to sell your business or you want some loans from the bank, valuation your business is absolutely important. So, what does a valuation report mean? What are the important contents of a valuation report? What are the methods to evaluate a business? I will try to answer all of these questions below. … Read more
Started a new venture? Wondering which accounting software to use? There are definite advantages of using Wave as an accounting software. In this blog I am going to explain the advantages and disadvantages of using Wave as your accounting software. Wave vs Excel: You might argue that using excel Is a perfectly … Read more
