Financial statements can be prepared for your business for any given length of time or at any point in time. At the very least, it is required to be prepared at the company’s financial year end for regulatory submission purposes such as income tax filing. The following are some of important the important benefits of regular preparation of financial statements:

  • Enable you to keep a tight handle on the company’s financial performance and position
  • Helps you to decide on operational and strategic decisions
  • A must have component for any business plan preparation and to get investment or loan financing
  • Displays the firm’s Account Receivables and Account Payables position, offering a valuable information in knowing how much cash flows is coming in or out of the company
  • Displays the firm’s Account Receivables and Account Payables position, offering a valuable information in knowing how much cash flows is coming in or out of the company

Displays the firm’s Account Receivables and Account Payables position, offering a valuable information in knowing how much cash flows is coming in or out of the company

Displays the firm’s Account Receivables and Account Payables position, offering a valuable information in knowing how much cash flows is coming in or out of the company