Accounting and financial statements (Business plan for a large company…
Accounting and financial statements
Different types of accounting
Managerial or Management Accounting
Types of financial statements
Balance Sheet ( it is a tabularsheet of balances of assets,liabilities and equity
Plant and equipment
Income Statement ( it is a statement of calculation of the income of a particular period showing Net Sales and all types of expenses)
Depreciation and Amortization
Statement of Cash Flows ( is simply a statement of cash generation and its use categorized under different activities
Net Increase or Decrease in Cash
Business plan for a large company
Strenght and weaknesses of the organization
trends in the business activity
the general business environment
Starts with the key issues raised in the Internal and External analysis ,highlights those areas where there is a gap between where you are now and where you want to be.
What need sto be done to close the gaps?
Do products need to be improved ?
Does technology need to be upgraded?
Do staff need to be retrained?
Cash flow forecast
Projected profit and loss
Evolution of digital accounting
Electronic business processes allow team members to coordinate activities for internal management and combine the client ‘s information whith a financial professional ‘s data via the the use of digital networks.
Software-as-a-service ( Saas) provides the core of the cloud computing experience .
Enterprise Resource Planning ( ERP)
ERP systems are software programs that bring different departments in an organization into the same collaborative environment.
Digital Technology Advancements