Accounts are required by all commercial
enterprises, not only historical, particularly for taxation purposes, but
also future projections, increasingly required for the raising of finance.
The proper recognition of the crucial 'facts & figures' within any business
will enable a reporting system to be set up which can provide the
businessman with simple but meaningful information regarding his progress,
Business Plans and future projections are a necessity not only for new
businesses but also for enabling established businesses to foresee problems
Cash Flows are an integral part of such forecasting; many profitable
businesses have failed through insufficient cash flow planning.