Thursday, April 26, 2012

Tools for Financial Analysis

Tools for Financial Analysis: "What do you do when a client asks you to look beyond the standard financial statements and help develop financial goals, forecasts and what-if scenarios? If you’re like many accountants, you’d hunker down with a spreadsheet and begin cobbling together an array of custom worksheets. Then you’d probably spend several more hours explaining to the company’s managers, most of whom have little or no financial background, what all those numbers mean.

You can perform the task faster and create a more sophisticated presentation with financial analysis software. These products condense complex data analyses into easy-to-understand graphic presentations. And there’s a bonus: Such software can vault your practice to a more advanced business consulting level and help you attract new clients."

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