. For instance, if you're looking to enhance cash flow, then it would be a good idea to analyze cash flow statements and accounts receivable more.
Good quality data forms the basis of any financial analysis. Make sure the information you collect is accurate, comprehensive and up to date. Second, use sources of information such as financial statements, records of transactions, market studies, among others. Using accounting software from reputable developers, reduce the likelihood of committing errors and ease the process of collection. A minute mistake will lead you to wrong conclusion.

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