Do you find accounting intimidating? Or even boring? But then, hardly can we do any business without accounting. And of course, you can hire the right staff to do the technical bit for you. But, you may still find it beneficial to at least understand how to interpret some accounting/financial reports. And, believe it or not, it’s far more approachable than you think.
Why should you bother with this? Isn’t this the job of your accountant? Well, you’re right it is. But, paying attention to this and understanding it can save you significant cash in your business. After all, what harm can a 2nd level review of what your accountant is doing do?
This episode is part of an ‘8-series’ show on how to interpret financial reports. This is part 2.
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