How to check money situation

Financial Statements

  • Check assets and liabilities for accuracy
  • Verify equity and retained earnings
  • Review revenue and expenses
  • Calculate net income or loss
  • Analyze cash inflows and outflows
  • Verify operating, investing, and financing activities

Bank Reconciliation

Accounts Receivable

Accounts Payable

Budget Analysis

Tax Compliance

Financial Ratios

Internal Controls

Related Checklists