Reporting

23 Ways to Improve Cash Flow

23 Ways to Improve Cash Flow

The ultimate list on how to improve cash flow for financial success. Positive cash flow is crucial for any business’s financial success and its survival. If your cash flow is in a poor condition, your company is in major trouble. There are a lot of tips and methods on...
A Great Money Story for a Great Board Meeting

A Great Money Story for a Great Board Meeting

There is an art to running a good board meeting or directors’ meeting. Quite a few elements must come together to make it a productive time and achieving the goal of good governance. It’s no secret that quality financial data makes for better decision-making during a...
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, wind, fire and drought, may reduce your output. Bright sunny days may yield better production. KPIs for Dairy Farms is an easy-to-follow article to help better manage the business and prepare dairy farmer...
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 Importance of Cash Reserves

The Importance of Cash Reserves

It seems a long time ago now but the arrival of the pandemic in 2020 brought home to all of us the importance of having cash reserves. Whether you are a sole trader, a small or medium business or a not-for-profit organisation, there’s nothing better than a healthy...