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In the last week, I've done a number of presentations to business owners around the Wellington region. And thinking through the sessions afterwards, I realised just how limiting the focus on a business's profit and loss account really is.
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You’re probably familiar with the terms ‘bookkeeping’ and ‘accounting’.
Are you equally as familiar with the terms ‘financial accounting’ and ‘management accounting'? I suspect not. And you are not alone. |
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