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5 minute Guide to understanding a Cash Flow Statement

5 minute Guide to understanding a Cash Flow Statement

What is a Cashflow statement? It shows how the business spent the cash it earned during the period and is usually the easiest financial statement to understand. Essentially, it is a reconciliation of how the cash amounts on the Balance Sheet have moved from one period to the other by…

10 minute Guide to understanding a Balance Sheet

10 minute Guide to understanding a Balance Sheet

What is a Balance Sheet? It is simply a statement of a company’s assets and liabilities at any given point in time. It’s the most useful document in understanding a company’s financial strength and its financial value. The Balance Sheet is sometimes the most difficult statement for business people to…