Financial Statements

Financial statements category covers company and personal financial statements.
Running a business that complies with the law and common business sense requires the setup and maintenance of some form of accounting system.  For any accounting system to succeed, it is vital that some method of keeping account of the financial comings and goings be established, and that records are kept somehow to present a true accounting picture for tax purposes.
In this article we look at the importance of your personal financial statements - your personal income statement and balance sheet - to wealth creation.  In the Wealth Tools section is the Personal Financial Statements calculator giving you a tailor-made spreadsheet template, income statement and balance sheet for you to download and use on your wealth journey.

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