Guide to your Financial Reports

Working for Families tax credits are paid to low and middle-income families to help them raise their family and stay in work. Around 58 percent of families with children in New Zealand get Working for Families each year. Working for Families is mostly paid by...

This 'Guide to your Financial Reports - Part 6 (Shareholder Current Account)' records all funds introduced to the business by shareholders, credited to shareholders as dividends or salary, or taken out of the business as drawings.  The Shareholder Current Account is also called a Shareholder Loan...

Our 'Guide to Your Financial Reports - Part 3 (Profit & Loss)' will help you figure out your Statement of Profit & Loss, or Income Statement, tracks the overall performance of your business.  It begins with the Gross Profit from your Trading Account then lists...

Our Guide to your Financial Reports - Part 4 (Balance Sheet) will help you understand you Balance Sheet, or Statement of Financial Position, measures the net worth of your business at a point in time and shows if your business is solvent (if assets are...

Guide to Your Financial Reports - Part 2 (Trading Account) is the follow up to our first part of this series: Guide to Your Financial Reports - Part 1 (Into) Hold on to your hats, we are diving right in! Your key financial reports The rest of this...

An easy to follow 'Guide to your Financial Reports - Part 1 (Introduction)'. Your financial reports tell you the story of your business; allowing you to interpret the results of your business activity.  The better you understand your financial reports, the better your decision-making and results...