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RAJKUMAR HUDATI's image  
Answer added by  RAJKUMAR HUDATI, Deputy Manager - Finance, Damodar Valley Corporation
5 years ago

No, monthly financial statements can be prepared to check ebidta along with a close control on budget and variance analysis.

ABDALRAOUF SHUAYB's image  
Answer added by  ABDALRAOUF SHUAYB, محاسب عام, الشركة العامة للطرق و الجسور فرع الجبل الغربي
5 years ago

No . I am engaged in a service company whose goal is not to make profits

shadab akhtar's image  
Answer added by  shadab akhtar, Project Administrator / Recruiter, Bilfinger Engineering and Technology
5 years ago

Simply review the project progress report with concern project manager, and tally the invoice with AR & AP. But in large bussiness you may use many oracle base softwa ... See More

Ashraf E. Mahmoud (PhD)'s image  
Answer added by  Ashraf E. Mahmoud (PhD), University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF., FreeLancer
5 years ago

Thanks for invitation, I do recommend to use a "Budgeting System" as an excellent tool not only for control, but also to be fully aware of any deviation that ar ... See More

Default profile image  
Answer added by  Deleted user
5 years ago

Checking bottom line on monthly basis is crucial but not enough. Depending upon the nature of business crucial areas must be analyzed via variance analysis along with pos ... See More

Soliman Abd  ALmalak Gendy's image  
Answer added by  Soliman Abd ALmalak Gendy, مدير ادارة مراقبة حسابات, الجهاز المركزى للمحاسبات
5 years ago

It ‘d better to prepare financial statements on monthly basis,and do variance analysis

Muhammad Hashim Khan's image  
Answer added by  Muhammad Hashim Khan, Finance Manager & Company Secretary , DHA Cogen Limited
5 years ago

Prepare Financial Statements on monthly basis and do the monthly financial variance analysis along with the business performance comparison.