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Accountants make me laugh (without meaning to): financial statements

Accounting Insight

Balance Sheet Companies are required to prepare a certain number of documents called financial statements. It should be called what it is: a statement of assets, liabilities and equity. But instead accountants decided to put together these two rather bizarre nouns. Their accounts show either a profit or a loss.

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FP&A Reports Every Organization Needs to Succeed

Acterys

Errors in financial planning and analysis (FP&A) reports can set entire departments, or even the whole company, off course. More than half (59%) of accountants admit to making several errors per month, Gartner research found. Financial reporting provides a retrospective view of your company’s financial status.

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A Complete Guide to Reading Financial Statements

xendoo

With little experience in reading financial statements, this request makes you freeze in your tracks, uncertain of how to express the success of your growing business. If this scenario sounds in any way relatable, it’s time to become more familiar with the process of reading financial statements. Cash flow statements.

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All I Want for the Holidays Is…. A Tax Provision Specialist

Withum

Finance teams planning for their year-end financial statement audit have an even longer list of things to think about at the end of the year, including income statements, balance sheets, and, finally, the income tax provisions and disclosures that must be presented in the financial statements.

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Simplify Your Business Finances with Dedicated Bookkeeping Services

Fincent’s services offer a comprehensive solution to streamline your financial operations. With personalized, dedicated bookkeepers and controllers, our platform ensures accurate monthly books and financial statements delivered by the 10th business day of each month.

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Financial Audit Preparation Steps: Expert Tips for An External Audit Process 

Withum

Understanding the financial statement audit process and planning ahead can save time, reduce stress and ensure accurate results. In this guide, well walk through the key financial audit preparation steps, explain key differences between AICPA and PCAOB audits and provide actionable tips to streamline the external audit process.

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Financial Statement Myths and George Washington

Withum

They are on Financial Statement Myths and the Finances of George Washington. I have others scheduled throughout the year, but these are more appropriate for the public and not just accountants. My webinar “season” is coming to a brief ending on Thursday with two programs I think anyone would enjoy.