prepare financial statements

How to prepare financial statements in just 30 mins

Each business on the planet has to prepare financial statements. Only in the US, there are more than 20 million small businesses that have to prepare financial statements at least annually. Public and listed companies have to do this even on a quarterly basis. Major financial statements include a balance sheet, income statement and cash flow statement. While […]

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Balance Sheet

Balance Sheet

One of the major financial statements that companies prepare is a balance sheet, also known as a Statement of financial position. It represents the financial position of the company, at a particular point in time. As one of the main financial reports, the balance sheet is used by the management to analyze and monitor assets, liabilities […]

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