TYPES OF USE |
REASON |
OUTCOME |
Draft Accounts. |
To highlight problem areas. |
To direct checking to the more important items. |
Final Accounts. |
Prepare Feedback report for management. |
Add value to the accounts. Highlight areas of concern or the need for
more investigation. |
Budget or Forecast. |
Help setting future targets. |
What profit levels should the company aim for. |
Expansion Scenario. |
What if the company whats to expand. |
What profit levels can be expected from increasing production and sales. |
Management Accounts. |
Up to date comparison on how the company is doing. |
How the results compare against the latest database figures. |