Accounting »
Accountants & Their Work »
Accountants Can Help You With
What Accountants Help You With
Accountants can help you in these areas:
- Budgeting
- Cash Flow
- Costs
- Financing
- Factoring
- Financial Planning
- Internal Control
- Audit
- Businesss Valuations
- Due Diligence
- Feasibility Study
- Annual Reports
1. Budgeting
a) What is a Budget?
You may need your accountant to assist you prepare budgets for your business.
A budget is a plan to:
- Ensure you have enough money for activities in the future.
- To control and monitor all the finances of the business, including its income and expenses.
- To enable information to be extracted so the business can make decisions as to direction and growth.
The budget enables the owner of the business to rely on accurate figures that would otherwise have been based around guesswork alone....
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