Reporting

Financials for the Bank

Financials for the Bank

Securing a business loan can be daunting but it is one of the more important functions when needing capital for growth or survival. When preparing financials for the bank, you must demonstrate to your lending institution that your business can generate a profit and...
KPIs for Dairy Farms

KPIs for Dairy Farms

Running a dairy farm is hard work. Natural forces such as rain may reduce your output. Bright sunny days may yield faster production. KPIs for Dairy Farms is an easy to follow article to help better manage the business and prepare dairy farmer reports. So how do you...
ATO Benchmark Ratios for Small Businesses

ATO Benchmark Ratios for Small Businesses

The Australian Taxation Office (ATO), like many similar organisations around the world, uses benchmark ratios and data to monitor business performance. If your business strays outside the benchmarks for your industry you are more likely to face an audit, or at least...
Storytelling with Numbers

Storytelling with Numbers

Storytelling with Numbers explores the foundations of financial reporting. Is Reporting storytelling or is Storytelling reporting? You are forgiven if you have a position either way. Delivering financials can be the mother of all stories. It is just that it uses...
The Bad News: There is NO Money in the Bank

The Bad News: There is NO Money in the Bank

Accountant and Bookkeeper conversations commonly centre around clients not understanding how they have made all of this profit, yet there is NO money in the bank. Accountants and BAS Agents: Is this your experience? You have prepared the financial statements and tax...
Simple Reports to Start a Conversation

Simple Reports to Start a Conversation

In business there comes a time when facts are required to get down to the nitty-gritty conversations. Whether they are KPIs, financial figures or performance statistics, using numbers helps us to understand situations and make recommendations as to why they have...