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Financial Records
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Keeping good financial records of your business is essential. There are a few clear examples of the type of records you should be making including trading accounts and a balance sheet to name a few. This session firstly breaks down what a number of financial records are, how they are useful to a business and how to calculate items such as current assets, profit and loss, net profit and financial performance. Once the session is complete, you will understand the different ways you can calculate costs and the importance of keeping financial records up to date.