How much time do you spend writing and sending client reports? For many agencies, this process takes several hours weekly per client. Does this mean you should stop sending client reports? Of course not. Client reporting is a significant part of your client relationships. It builds trust with them and shows how you’re helping them achieve the desired results. Above all, your clients will be able to track their progress faster. Therefore, you just need to learn how to optimize and streamline your client reporting processes. Continue reading 5 Tried Tested Ways to Improve Client Reporting Process
Generally, one of the most important users of financial statements in the USA is the Internal Revenue Service (IRS), followed by various state and local taxing authorities. Required income tax returns can be prepared more easily from financial reports that are classified in a comparable manner. A tax practitioner is usually retained to prepare and file these returns. The reports most commonly requested of the company are the general ledger and related financial statements. What are reports of financial statements? Continue reading What Are The Reports and Financial Statements Prepared by Accountants?