Good business decisions are supported by accurate financial reports!
No doubt you rely on your financial reports for many of your key business decisions. Of course, there will be a range of metrics that you rely on to understand how the business is performing, but it is the financial reports that are your final arbiter of your business’s performance. Some of the critical performance areas you will want to know in detail are: Revenues: Are you achieving your sales targets? Which business segments are performing to expectation and which are not? Gross profit: Are you achieving targeted gross profit margins? What gross margins are being achieved [...]