- Clerk at The Nairobi Women's Hospital Group
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james chegeBlocked11 months, 2 weeks ago
A balance sheet is a statement of the financial position of a business which states the assets, liabilities and owner’s equity at a particular point in time. In other words, the balance sheet illustrates your business’s net worth.The balance sheet may also have details from previous years so you can do a back-to-back comparison of two consecutive years. This data will help you track your performance, and will identify ways in which you can build up your finances and see where you need to improve.
james chegeBlocked11 months, 3 weeks ago
Fringe benefits are additional compensation provided to employees above and beyond an agreed-upon wage or salary. Besides helping employees, offering fringe benefits helps employers tremendously from a recruiting perspective. Among similarly focused companies, employers can find it challenging to attract desired talent based on salary alone. By offering fringe benefits, especially those not available through a competitor, an employer stands a greater chance of attracting the level of talent it needs or wants.