Business & Finance

How an External Audit Benefits your Business? Audit is a crucial means to obtain management and financial information of a business. The main objective of the audit is to express an opinion on the fairness of a company’s financial statements. Audit is a crucial means to obtain management and financial information of a business. The

Finance tip 2 – How much sales is required to make a profit? How does a company calculate the sales value or quantity that is required to make a profit? All the companies have fixed costs. These will not usually change whatever the circumstances are. Examples are salaries, office rent and License fees. Some companies

Finance Tips Part 1 – Importance of Cash flow forecast A business should avoid surprises especially the unpleasant ones. One way to achieve this is to have a cash flow forecast for a minimum of six months. The forecast should be updated every month taking into account the latest information. Cash flow forecast is a