ASSESSMENT – "DIAGNOSIS" OF THE FINANCIAL STATEMENTS >>
GREAT ADDED VALUE ON THE FINANCIAL HEALTH OF THE TARGET–COMPANY
EVALUATION OF THE FINANCIAL AND ACCOUNTING SYSTEM
REVIEW OF FINANCIAL AND ACCOUNTING DATA (CRITICAL ANALYSIS) >> GREAT ADDED VALUE ON THE FINANCIAL HEALTH OF THE TARGET–COMPANY.
QUALITY AND RELIABLE STRATEGIC INFORMATION REMAINS IN THE MIND OF THE MANAGEMENT, INVESTORS, FINANCIAL INSTITUTIONS, CUSTOMERS, SUPPLIERS AND OTHERS STAKEHOLDERS.
(o) The Objective must be to provide the Company with Essential Information for making clearer Investment Decisions.
(o) USUAL PROCEDURES >> Complete review of the Target Company's Financial Statements, the main Financial Ratios, Accounting Records, Tax Records, Operating Procedures and any ancillary obligations determined by relevant Government Agencies.
(o) A FINANCIAL AND ACCOUNTING SYSTEM plays a Vital Role in the Management of a Company because it ensures the TRACKING OF INCOME AND EXPENSES, ensures Compliance and provides Investors, Managers and Government with an important Financial Information, which can be used in BUSINESS DECISION MAKING.
(o) Highlight for some relevant Financial Statements generated from the Accounting and Financial records.
– INCOME STATEMENT – It provides Information on the Company's PROFITS AND LOSSES >> PERFORMANCE
– BALANCE SHEET : It provides a clear PICTURE OF THE FINANCIAL POSITION of the Business on a specific date.
– CASH FLOW STATEMENT – It is a BRIDGE between the Income Statement and the Balance Sheet and reports the Cash generated and the effective expenditures during a specific period.
It is essential to keep the FINANCIAL RECORDS Clean, Up to date and under an ADEQUATE INTERNAL CONTROLS ENVIRONMENT.
Ensures Safety and preserves the Health of the Business
Provides an STRUCTURE OF THE FINANCIAL AND ACCOUNTING INFORMATION FLOW, regardless of the Company's size, Small, Medium or Large!!!.
By SOLUTTIO Consulting
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