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Financial Statements - Everything you need to Know

SKU: SF003v3

Adobe_PDF

Looking for a business loan? - you need to understand your financials.

This booklet is designed to help anyone gain a basic understanding of how to read a financial statement. This booklet would be helpful to shareholders and bookkeepers who regularly use the financial statements to see where the money came from, went and where it is now.

Financial reports should complete 3 basic tasks:  
1. Match the financial recording to the paper information.  
2. Balance all accounts such as bank, loans, outstanding vendor statements (payables), outstanding client statements (receivables), etc.
3. Consistently record in the same method.
     
A simple example;  If you list Esso receipts under Esso vendor account name, continue to do that for all esso receipts..

This product discusses the above and more. 

 

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