Mar 10, 2015 | Bookkeeping, Financial Statements, General Ledger
While you should also look to self-audit, it is good business practice to bring in an external auditor. The government requires a number of businesses to hire an external auditor to look at their books and financial statements. However, you should hire an external...
Mar 10, 2015 | Bookkeeping, Financial Statements
Financial statements are known to be the official reports of the well-being of an organization’s bookkeeping and include the statement of cash flow, the balance sheet, and the income statement. You should produce these statements every quarter at a bare minimum,...
