Catégorie : Compliance
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The Importance of Documenting Your Close: A Guide to Accounting and Monthly Financial Reporting
In the world of accounting, the close of a financial period—whether it be monthly, quarterly, or annually—is a critical event. It is a time when accountants meticulously compile financial statements, ensuring that all transactions are accurately recorded, reconciliations are completed, and the books are closed. Documenting the close is an integral part of this process,…