Financial reporting is the accounting process for communicating financial information to internal and external parties. Financial reporting has to adhere or conform to accounting, reporting and agreed standards.

Financial reporting is important for business decisions because it helps managers and stakeholders to make the critical decision that shape business outcomes and gives external users information on entity’s financial health and performance, thus identify the right opportunity to invest or make business decision.

OZ Financial Advisory can help in preparation of financial reports that management wishes to generate, such as detailed sales reports, trends and key performance indicators (KPIs).