Start with the period
Check which dates a report covers. Comparing one month with a full quarter can make changes appear larger or smaller than they are.
Ask what is included
Find out which records were used and whether any information is missing. A report is easier to understand when you know what it represents.
Look at the detail behind a change
If income or expenditure looks different, ask which transactions contributed to that change. A single purchase or a payment arriving at a different time may explain it.
Keep your next questions practical
Ask which records need updating, which invoices are still open and what information your accountant needs. Bring specific questions to a qualified adviser when making tax or financial decisions.