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Financial statements allow you or your bookkeeper to analyze your business and see where problems may exist. They are vital to measuring the overall health of your business and can provide an accurate snapshot of where your business stands financially at a moment in time. They can help maintain clear communication when multiple people are involved in the business, and help separate your business finances from your family finances. They also provide vital information as you plan for the coming year. Finally, financial statements serve as legal documents for your business.
Organization | CISA Community Involved in Sustaining Agricultural |
Publisher | CISA |
Publication Date | 2010 |
Publication Views | 455 |
Material Type | Written Material |