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
The price of the embedded option comprises two components. The first is the value of the same bond assuming it has no embedded option (option-free bond), th

dear, I found an exercise on the Internet which could help me has better to understand the finance, but there were no answers. What is that you can help me has to solve it. I''m fr

Suppose you are planning to make regular contributions in equal payments to an investment fund for your retirement. Which formula would you use to figure out how much your investme

QUASI-INSTRUMENTS These instruments are considered as debt instruments for a time-frame and are converted into equity at the option of the investor (or at company's option) aft

From a practical point of view, the feasibility of the project for Maribyrnong Council can be divided into three elements which are: logistical, operational and legal issues. First

Why does the riskiness of portfolios have to be looked at differently than the riskiness of individual assets? The riskiness of portfolios should be looked at differently as comp

S&P CNX 500 Here, the stocks are included as per their respective market capitalization. It includes companies which lead in their respective industry sector. They should close

Questions How is a bond like a loan?                                               How does an investor receive a return from buying a bond?  Does a bond's yield to ma


Q. Computation of Value of the Firm? Computation of Value of the Firm (V) & Overall Cost of Capital:- NI                    = EBIT - Interest = 50,000 - 20,000 = 30,000