--%>
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 : Influence of opportunity costs How do

    How do opportunity costs influence the capital budgeting decision-making procedure? Opportunity costs reflect the foregone benefits of alternative not selected when a capital budgeting project is chosen. Any decrease in the cash flows of the fi

    		•
  • Q : Market share of large bank holding

    Have the large bank holding companies enhanced their market share at the cost of smaller institutions?No. A study conducted through the Federal Reserve Bank of New York reveals that the increase in the concentration of assets is primarily becaus

    		•
  • Q : Define the term Surplus Define the term

    Define the term Surplus: It is an outdated term for a fund’s excess of assets (or resources) over liabilities.

    		•
  • Q : Working capital what are the advantages

    what are the advantages and disadvantages of working capital source of finance

    		•
  • Q : Describe Schedule 8 Schedule 8 : A

    Schedule 8: A detailed listing produced from the State Controller's Office payroll records for a department of its past, present, and budget year positions as of June 30 and updated for the July 1. This listing should be reconciled with each and every

    		•
  • Q : Impact on India on Global Economic

    Explain the impact on India on Global Economic crisis ?

    		•
  • Q : Describe factors cause change in

    Normal 0 false false

    		•
  • Q : Define the term Program Cost Accounting

    Program Cost Accounting (PCA): The level of accounting which identifies costs by activities executed in achievement of a purpose in contrast to the traditional line-item format. The aim of accounting at this level is to generate cost data adequately a

    		•
  • Q : Debit or credit Hi this is Shailender

    Hi this is Shailender Ojha i want to know when we receive the sales where we put the sales. in debit or credit column . could you please let me know.

    		•
  • Q : State Schedule 11 Schedule 11 : It is

    Schedule 11: It is the outdated word for “Supplementary Schedule of Operating Expenses and Equipment.”

    		•