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What Impact Will Inflation Have on Your Company's Financial Statements?

What Impact Will Inflation Have on Your Company's Financial Statements?

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June 2022

As inflation continues, there are several major impacts that you may see in your company. Overall, inflation often increases your direct costs of production while lowering consumer demand for your discretionary services and goods. In many cases, unless you can pass these cost increases to your clients, they may spread past your gross margin.

Here's how several other factors in your financial statements can be affected by the high rate of inflation we're seeing.

View the full article here.