Imagine you are the new CFO. You took over the position in the new firm and you want to look at the firm’s latest balance sheet.
You’ll probably want to see the firm’s 10 year balance sheet history. It will be tough to make sense of things. What if you have a balance sheet dashboard instead? It contains the latest information complete with a 10 year history of each balance sheet line item! That’s truly a powerful tool in the hands of a competent accountant!