--%>
Assignment Help - homework help

Explain Financial Reporting

Financial Reporting: It is a set of documents made generally by government agencies at the end of accounting period. It usually enclose summary of accounting data for that time period, with background forms, notes, and other information.

A) The external financial statements (that is, income statement, balance sheet, statement of cash flows, and the statement of stockholders’ equity)

B) The notes to financial statements.

C) Conference calls and Press releases concerning quarterly earnings and associated information

D) Quarterly and annual reports to the stock-holders

E) Financial details posted on the corporation’s website.

F) Financial reports to governmental agencies involving quarterly and annual reports to Securities and Exchange Commission (abbreviated as SEC)

G) Prospectuses relating to the issuance of general stock and other securities.

   Related Questions in Finance Basics

  • Q : Finance End of Chapter Problems Page

    End of Chapter Problems Page 150 5.2 The Audiology Department at Randall Clinic offers many services to the clinic’s patients. The three most common , along with cost and utilization data, are as follows: Service Variable cost per service Annual Direct Fixed cost Annual Number of Visits Basic

    		•
  • Q : Explain Supplement-Schedule 7A

    Supplement (Schedule 7A): In such documents, for precedent year, authorized positions symbolize the number of real positions filled for that year. For present year, authorized positions comprise all regular ongoing positions accepted in the Budget Act

    		•
  • Q : Crowding out influence Normal 0 false

    Normal 0 false false

  • Q : Decision rule using internal rate of

    Describe decision rule for accepting or rejecting proposed projects while using internal rate of return? Whenever the internal rate of return is greater than or equal to the required rate of return, the hurdle rate, the project is accepted. Whi

    		•
  • Q : Define Non-add Non-add : Refers to the

    Non-add: Refers to the numerical value which is displayed in parentheses for informational purposes however is not comprised in computing totals, generally as the amounts are by now accounted for in the budget system or display.

    		•
  • Q : Chartered banks Normal 0 false false

    Normal 0 false false

  • Q : Describe the importance of additional

    Normal 0 false false

  • Q : Shares Assignment Mina Patel has seen

    Assignment Mina Patel has seen attractive advertisements for Dixons Retail plc and its UK-based brands. She is also aware of the intense competition between retailers of electronic and electrical goods, at a time of global economic uncertainty. Mina has recently inherited several thousand pound

    		•
  • Q : Explain Generally Accepted Accounting

    Generally Accepted Accounting Principles (GAAP): The accounting rules, principles, conventions, and procedures which are employed for accounting and financial reporting. The GAAP for governments are put by the Governmental Accounting Standards Board (

    		•
  • Q : What is Indirect Costs Indirect Costs :

    Indirect Costs: The costs which by their nature can’t be readily related with a particular organization unit or program. Similar to general administrative expenses, indirect costs are dispersed to the organizational unit(s) or programs that bene

    		•