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Home » Financial reports

Business news and opinion from Evans Weir > Tag: Financial reports

What is the difference between a Profit and Loss and a Balance sheet?

We’re asked this question a lot as these are two of the reports that form part of the regular management information used by most businesses. Whilst they both offer information about the financial performance of the business; they each tell a vastly different story.

  • 26th April 2022
  • SME Questions

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