Financial statements

7 Users of Financial Statements that You Should Know

Did you ever wonder why your company has to prepare financial statements annually? This month’s blog will help explain the importance of preparing annual financial statements and highlight some generally accepted principles accountants usually observe when drafting financials.   But first, let’s start by answering this crucial question: Why do financial statements matter? Financial statements are crucial for all businesses, regardless of size or industry. They provide up-to-date, accurate, and detailed information about the business’s financial […]

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