Financial Transactions and Reporting
Financial transactions and reporting is the method of recording and communicating financial data to different stakeholders such as investors, creditors and regulatory authorities. This information is crucial to a company’s growth as it informs decisions about investments, funding and other business-related activities. It can be difficult to recognize and classify transactions for financial reporting. However there are ways to improve accuracy and speed up the process. The streamlining of workflows, the standardization of methods of identifying transactions, and encouraging regular feedback...