Demystifying Your Accounts

Learn to love your financial statements…… well, at least understand how to use them!

When it comes to business financial statements, many people just get them prepared and lodged by their accountant to meet the reporting obligations of their business.  They see very little value in the documents themselves.  However, with a little bit of understanding, they can provide you with great insight into your business, its performance and how you can improve performance in the future.

In this guide we explain some of the key financial jargon and will walk you through two of the key financial documents businesses produce, the profit and loss account and the balance sheet.  We will explain how you can use these documents to better understand and even improve your business performance.  Finally, we will arm you with some key ratios you can use to get a better understanding of your financials.

Fill in the form opposite to claim your FREE ebook today, sent straight to your inbox!

CLAIM YOUR FREE EBOOK NOW

“DEMYSTIFYIING YOUR ACCOUNTS”

BSN and Co 20 off your last accountancy fee

  • There is a perception that professional accountants are all about the provision of accounting (financial statements) and taxation services, essentially compliance work to satisfy statutory...

    Click for full details

  • The role of the professional accountant is not simply a compliance issue where we annually provide financial statements and taxation returns to satisfy your financial institution and governmental...

    Click for full details

  • BSN & Co has been providing professional commercial bookkeeping services for many years for businesses and professional services clients across a broad range of industries...

    Click for full details

  • BSN & Co has been in business for many years and understands the year end burden clients face in gathering and preparing the necessary records for the accountant...

    Click for full details

  • As a registered agent with the Australian Securities & Investments Commission, we at BSN & Co ensure that corporate reporting and compliance obligations are efficiently met on behalf of our clients in a timely manner...

    Click for full details

  • BSN & Co has always been an advocate of investment through tax advantaged superannuation as a supplement to other investments in your family home, other property and equities, for example...

    Click for full details

  • BSN & Co has been providing audit services for self-managed superannuation funds for much of our forty year history.  We strive for an efficient and cost effective audit to vouch...

    Click for full details

  • Whether just starting up in business, acquiring a new business or managing an ongoing successful business, finance and business planning are important elements, essential for ultimate success...

    Click for full details

  • The preparation of realistic budgets is particularly important in the lead up period to commencement of a business, but equally as important as an ongoing management tool to forecast results and control costs...

    Click for full details

  • Human nature being what it is, many of us postpone contemplation of our mortality and ramifications for our estates from a tax perspective when, with some judicious planning normally applied to your personal...

    Click for full details