#Gamers reflection 68

Madimetja: ”Lets start with the cash flow statement, this statement reports on the cash inflows and outflows of the business for financial year. Simply put, the statement explains the change in your bank balance of the beginning of the year and that of the end...

#Gamers reflection 67

Sipho: ” heita Madi, right tell me what is the purpose of the three statements you mentioned over the phone. Madimetja: ”Hello Sipho, great, I like your question. It goes to show that your financials are not a tickbox exercise to you”Empower...

#Gamers reflection 66

Madimetja: we can meet at 17:00 today, mm… , you are unlike my other clients, most entrepreneurs are not interested in their financials. You on the other hand are even preparing them yourself.  I guarantee you, your business will do well. Sipho:”I...

#Gamers reflection 65

Madimetja: “annual financial statements do not only consist of the income statement and balance sheet but there is the (1) cashflow statement, (2) statement of changes in equity (3) Notes to the financial statements. Sipho: ” yoh I need to attend the next...

#Gamers reflection 64:

Sipho called Madimetja to find out whether he had a chance to look at his financials. Spho: ‘Hello Madimetja, I prepared financials, did you see my email?’ Madimetja:’oh yes I did, the financials look good however I see that you only prepared the...