To prepare the three Financial Statements by classifying all the financial transactions of a Company over a Financial Period, typically 12-Months.

Included in the Annual Accounts are the Profit and Loss, the Balance Sheet and the Cash Flow Statement. When presented the three combined financial statements provide a concise summary of all financial transactions incurred during the FY covering the company’s operations (Sales), financial position, assets and liabilities, and cash flows. The financial statements are fundamental to any business and the accounts are reported to government entities, agencies, and regulators and are used by the investment community to value a company’s investment potential and future business prospects.

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Warren William

Meet the author behind Smartest-Data. Warren William has a career in Finance and Investments extending over 35 years, both on the Buy Side and Sell Side. His most recent roles include, developing Institutional Risk Management Programs for managing Equity and Fixed Income Risk.  Prior to this Warren William work in Alternative Investments, in Investment Management and as a Buy Side Equity Analyst. Warren William brings a wealth of knowledge and expertise to the table, providing in-depth analysis and commentary on the latest trends in the Stock Markets. Contact information: wwBLOG@smartest-data.blog or Telegram +393339034488

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