Thursday, October 30, 2008

balance sheet

most of company only hire employee to analyzed profit and loss. But I think it is more important to analyzed balance sheet. Few of they key important asset that finance leader should continue to monitor is cash, sundry receiveables, inventory, account receiveables.

My advice: review your balance sheet quaterly with variance prior quarter.

1 comment:

Anonymous said...

Do agree with you. We are doing it monthly and it helps to monitor liquid assets. Furthermore, we can analyse the assets and investments performance.