Auditing is a fundamental process that ensures the accuracy and reliability of financial statements. An audit involves a thorough examination of a company's financial records by an independent party,
Imagine a small UK property company named "Brick & Mortar Estates" that owns apartments for rent. Here's a simplified cash flow statement for them, assuming a quarter (e.g., January-March):
A cash flow statement is like a detailed log of a company's cash incomings and outgoings over a specific period. It shows you where the money came from (inflows) and where it went (outflows) during th
