
Noted financial and business expert Warren Buffet, has said that “accounting is the language of business” and businesspeople must know how to read and interpret financial statements. The clear consensus among accounting experts is that business owners should review your business’s financial condition each month. Among other institutions, Princeton University requires “regular, at least monthly” reviews for its organizations. Why You Should Review Your Business’s Financial Condition Monthly Clearly, to have an accurate bearing on a business’s financial condition, financial reports must be kept…