A great wealth of information is stored within accounting system. This can be of great assistance to business owners in running their business. Although the information is stored within the system, being able to produce reports and interpret them requires a great deal of skill and experience.
Many small business owners view financial accounting software as a tool for producing BAS’s and tax returns. What they don’t realize is that it can also be a tool that can be used to drive their business growth through financial statement analysis.
Having someone with the appropriate expertise to interpret the essential numbers in reports and the ability to communicate the findings to business owners becomes a valuable resource to have access to.