Financial Statements
If you walked into any accounts office twenty years ago, you would have seen piles of financial statements and reports in every corner. However, now, there is an increasing trend towards the paperless office.
Accounting teams, much like other office workers, are using electronic copies to replace the traditional hard copies of everything from tax returns to financial statements. But how has this electronic revolution changed the accountant’s working day?
As you can imagine, accounting especially for larger corporations generates a lot of paperwork. The actual accounts are only a small portion of the accounting records. To start with, each transaction has to be meticulously recorded which before computerized programmes meant a large number of ledgers. These books were the basis for the accounts so it was essential that they were accurately maintained. Each accounting function would operate a different set of ledgers which would then be reconciled in the process of generating the final accounts.
…
SORRY, BUT YOUR FREE VIEWS HAVE RUN OUT!
"We hope you have noticed that this site is not like the others. It is free from advertising, spyware, and annoying clickbait. Therefore, we rely 100% on our user base for financial support. In fact, this site would not exist without the support of our hundreds of loyal subscribers. Your support begins with a free registration. Thank you."
Not convinced? Read our About us or Clients pages for more info, including testimonials, case studies, and more.