Financial Reporting

For every  financial transaction that occurs within a business, there is a  recording process for that transaction.  When the information recorded is summarised, we can put together summaries of that information to understand our business operations in a broader scope.

As business operators you would have had, veiwed or at the least heard of...

Profit and Loss Statements - Statement of Performance

Balance Sheet - Statement of Position

Cash Flow Statements

Trial Balance

Reconciliation Reports

Analysis Reports

In our module we look at all of these reports and a few more basic reports that Small Businesses may come across.

The Key Topics covered in this module are:

• The importance of financial reports
• Common financial reports
• What imformation goes into each of the common financial reports
• What we can read from the most common financial reports and How understanding these reports can benefit your business

This Module is the sixth in the series of Money Matters for Small Business.  Each module is being released gradually over the period of December 2008 - January 2009. If you are interested in this module please complete the registrations of interest form, and as soon as the module is released you will be notified.