What is the point of a financial report ?

Posted on 10th Jul 2018

There are three main reasons:

- It is required by law for tax purposes.

- Financial reporting gives investors, creditors, and other businesses an idea of the financial integrity and creditworthiness of your company.

- It gives you important information you can use to make business decisions such as whether you should open that new location or not.

The best way and the easiest way to have a detailed financial report is FINANCIANA.