Let's redo your financial statement
This past week as I was teaching a group in Toronto, we had the opportunity to discuss this online tool from the Profits Plus website. It has been my contention that a financial statement is not arranged in a manner that makes it easy to understand or use to make decisions.
This online calculator was created to offer a look at how most financial statements are arranged, and with one click of a button, rearrange the financial statement into a new format.
If you like the new format, tell your accountant or rearrange your software to use the version we are suggesting.