Finance Matters ; Annette Connelly, Manager at Francis Clark, Explains the Value of Internal Reporting

Summary


AS economic conditions get tougher, it will become even more important for businesses to maintain and improve their records.

Not only is this good business practice, but it also helps to monitor income and outgoings, achieve efficiencies, and provide readily accessible information for third parties such as banks, landlords, customers and suppliers.

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Extract


Finance Matters ; Annette Connelly, Manager at Francis Clark, Explains the Value of Internal Reporting

It might appear that we are going against our best interests as accountants, but preparing timely, reliable and accurate reporting in-house will also r...

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