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Why accounts are needed on daily basis and on weekly basis?

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Question added by Muhammad Naveed Mateen Gondal , Assistant Officer Finance , Masood Textile Mills Ltd Faislabad
Date Posted: 2013/11/14
Mohammed Salim Allana
by Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

To check the company's progress regularly and ensure its completeness up to date.

It helps management to take important decisions, such as expansions, new projects or further investments, etc

Khaliq Raza MBA   MS   CFE  AFA
by Khaliq Raza MBA MS CFE AFA , Finance Manager , Vertex Trading

If the management get company info on regularly basis, they easily make any decision regarding their business intead of quartely or annually reporting.

So it a good sign to properly involved with company accounts. Thanks