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Understanding the interplay between the key financial reports

Financial reports are like puzzle pieces that fit together. The income statement, balance sheet, cash flow statement, and changes in equity statement all tell parts of a company's financial story. Each transaction affects multiple reports, so you shouldn't look at them in isolation. Understanding these connections helps you get a more complete picture of a company's financial health.
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Are you part of the “The Great Resignation” trend?

Workplace experts are warning of an incoming avalanche of employee turnover among Aussie businesses in 2022 — known as ‘The Great Resignation’. Investing in staff to ensure they feel valued is vital at this time. Companies that put their people first and can play a key role in their development will find themselves with the most satisfied employees, ultimately leading to greater business outcomes and success.

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