Plan internal financial
Budget preparation and
Merge or Acquisition
Prepare financial accounts
Management of taxes
A/c receivable and a/c payable
Provision of everyday financial services
Keeps the track of business
provides information to lenders
What a financial report should accomplish?
Is the business making a profit or suffering a loss, and how much?
How do assets stack up against liabilities?
What is the capital source , and is it making good use of the money?
What's the cash flow from the profit or loss for the period?
Did the business reinvest all its profit?
Does the business have enough capital for future growth?