We come across business owners and managers who diligently study their financial reports soon after they are available. Equally, we also come across business owners who never view financial reports. Never. And then there are business owners in between these extremes.
The quality and relevance of financial reporting is likely to influence a manager’s attitude to financial matters. Having a good understanding of finance is important and can greatly improve decision making. We believe all business owners should expect to get AT LEAST the following from their financial reports...