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Accountancy as a Constructive Force in Business, Vol. 22 (Classic Reprint) - Softcover

Forsdick, Charles Ernest

 
9781330332207: Accountancy as a Constructive Force in Business, Vol. 22 (Classic Reprint)

Inhaltsangabe

Excerpt from Accountancy as a Constructive Force in Business, Vol. 22

Scarcely less important is the increased pressure upon the business man for better accounting records which has come from the banking fraternity. Bankers are learning to read financial statements with greater skill, and as a basis of banking accommodations are demanding greater details of business activities, profits and expenses. They do not base their judg ment of loans on the relation of assets and liabilities alone, but take into consideration efficient manage ment and prospective income and expenses.

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