Financial reports, Financial Management

Financial Reports:

Each person has their own perception on what a particular financial report should contain, and invariably in what they consider to be the important factors within a particular report.

People within a work team would likely require monthly reporting or operating results to budget (as discussed in management accounting) and the cash flow position of the business.

Owners that are not involved in the day to day running of the business would more likely require monthly reporting of the ongoing performance and liquidity of the business. Profit and Loss reports and Cash Flow Statements would be the relevant reports.

Lenders and creditors are generally more concerned with the financial position of the business.  The Balance Sheet is a snapshot of the financial status of the business at any point in time, would be of most interest to this group of stakeholders.

 

 

Posted Date: 10/1/2012 4:32:19 AM | Location : United States







Related Discussions:- Financial reports, Assignment Help, Ask Question on Financial reports, Get Answer, Expert's Help, Financial reports Discussions

Write discussion on Financial reports
Your posts are moderated
Related Questions
RWE Enterprises is a small manufacturer in Adelaide South Australia, feed suppliments for cattle. New production line NPV, Payback period and discounted payback period

QTL Tech has an issue of preferred shares outstanding with a $50 stated value that pays a dividend of 7.5%. There are 325,000 shares outstanding. QTL has not paid preferred share d

Peak Inc. needs to order Canadian raw materials to use in its production process. The Canadian exporter typically invoices Peak in Canadian dollars. Assume that the current exchang

Compare diversifiable and nondiversifiable risk. Which do you believe is more significant to financial managers in business firms? Actually Diversifiable risk can be dealt with b

Q. Explain Compound Value Concept? The Compound Value Concept is used to find out the FV of present money. It is the same as the concept of compound interest, wherein the inter

Q. What do you mean by Wealth Maximization? This is also known as value maximization or net present worth maximization approach, it takes into consideration the time value of m


Securitization has attracted a widespread application of the technique to residential mortgage loan, the easiest class of a financial asset to securitize, and to

Laspeyres Method Laspeyres method uses the quantities consumed during the base period in computing the index number. This method is also the most commonly used method which inc

Free Cash Flow Free cash flow presents the amount of cash generated by the existing operations of a corporation and that is not needed for reinvestment in new projects in the f