Importance of Accounting and Bookkeeping for Small Businesses
Accurate accounting and bookkeeping are the foundation of every successful business. Learn why they matter.
Financial statements such as balance sheets, profit and loss statements, and cash flow reports provide valuable insights.
Accurate reporting helps identify trends, manage costs, and evaluate profitability. It also helps in obtaining loans and attracting investors.
Regular financial analysis supports strategic planning and long-term sustainability.
This article is for informational purposes only and does not constitute professional advice or solicitation, in accordance with ICAI guidelines.