They know the truth.
Pareto Solutions
Digitally Accredited Financial Accounting & Management Consultants
23/03/2019
We can support you in keeping your books of accounts, providing you periodic reports to show how your business is performing. This helps you to better allocate business resources productively.
11/03/2019
Have you always struggled with bank reconciliations, with backlogs of uncleared transactions? DM us or email to [email protected] and we will fix it.
As Digital Transformation and Big Data become vital to every kind of business, the CFO’s role in the enterprise has become that of a technology leader. Today’s CFO must wear multiple hats, leading their company’s strategic technology directions and driving performance with non-traditional methods. Finance leaders are now at the core of Digital Transformation and must be able to drive business change with new technologies.
Pareto Solutions creates customized Microsoft Excel templates that helps SMEs and growing businesses track financial transactions, maintain proper books of accounts, tax accounting and filling of returns; through an all-in-one solution called Outsourced Accounting Service. email us on [email protected] for further information today.
Your business runs on numbers. But, have you considered what would happen if the numbers being used by your business were wrong or had errors in them?
Studies show that up to 90% of business-critical spreadsheets contain errors – and even small errors can mean big money. With the increasing volumes of data, amounts of scenarios and the fast turnaround you’re being asked for, can you say without doubt that errors aren’t creeping in?
Excel is used by most businesses globally. Whilst the industries have moved forwards, spreadsheets have remained unchanged and have become impractical, cumbersome and many even contain data that is simply incorrect.
Value in use of an asset is measured as the present value of estimated future cash flows (inflows - outflows) generated by the asset, including its estimated net disposal value (if any) at the end of its expected useful life.
Fair Value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.
The recoverable amount of an asset should be measured as the higher of (1) the asset's fair value less costs to sell and (2) its value in use.