Financial reports, Financial Management

Assignment Help:

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.

 

 


Related Discussions:- Financial reports

Eurobonds, The term 'Eurobonds' refers to bonds issued and sold outsi...

The term 'Eurobonds' refers to bonds issued and sold outside the home country of the currency. For example, a dollar denominated bond issued in the UK is a Euro (

NPV calc, Capital cost of product a is ? 5 crores and initial capital cost ...

Capital cost of product a is ? 5 crores and initial capital cost of product b is ? 3 crores. Life of product a is 30 years and life of product b is 10 years . The difference in ini

Maturity risk premium is zero, The actual risk-free rate is 4%. Inflation i...

The actual risk-free rate is 4%. Inflation is likely to be 3% this year and 4% during the next 2 years. We suppose that the maturity risk premium is zero. What is the yield on 2

Day count convention, Day count convention is a system used to determ...

Day count convention is a system used to determine the number of days between two coupon dates. It is important in calculating accrued interest and present value

International strategic management, undertake a critical review of the curr...

undertake a critical review of the current academic literature to determine the reasons for benefits of and the costs to companies of cross listing.

Capital budgeting.., Assignment II Describe capital budgeting techniques wi...

Assignment II Describe capital budgeting techniques with formulas and examples.

Define how can estimate expected incremental cash flows, How do we estimate...

How do we estimate expected incremental cash flows for a proposed capital budgeting project? We calculate expected incremental cash flows for a planned project by estimating the

Calculate the revenue - operating cost, Chrysler decides to avoid the probl...

Chrysler decides to avoid the problems associated with exporting autos to Japan by building a plant in Japan. The cost is expected to be $1 billion with $500 million to be spent no

Share-based payments and retirement benefits, Applicant should have been we...

Applicant should have been well versed in the calculation of actuarial losses and gains on pensions. It would have been significant to ensure each item affecting liabilities and as

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd