16 Types of Financial Reports Every Business Owner Should Be Monitoring by Aron Govil
As a business owner, it is important to be aware of the different types of financial reports that are available so you can track your company's progress and make necessary changes.
Here are 16 of the most common financial reports: Aron Govil
1. Income statement:
This report shows your company's revenues and expenses over a specific time period, usually a year. It can help you track your profitability and see where you may need to make changes.
2. Balance sheet:
This report shows your company's assets, liabilities, and equity at a specific point in time. It can help you measure your financial stability and track your company's growth.
3. Cash flow statement:
This report shows how much cash your company has generated and used over a specific time period. It can help you make sure ...