Financial reporting is a very important aspect of running your business. When done properly, the figures presented are useful in analyzing the financial performance of your business, thus becoming more successful.
Internal controls are policies are procedures put in place to ensure continued accuracy and reliability of accounting systems. They are put in place to enhance financial integrity, control errors, and prevent fraud.
Financial inclusion can be defined as a situation where businesses and individuals have access to financial products and services that are affordable and meet their needs.
Did you know: The first written text in history was done more than 5,000 years ago and is believed to have belonged to an Accountant who was making a record of supplies. It read, “A total of 29,086 measures of barley were received over the course of 37 months. Signed, Kushim.”