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There is a tendency among business houses to rush for more credits. Since all credits bear interest rather on the higher side, there is need for credit control from the management. Effective credit control has a positive bearing on the financial statement with minimization of liabilities and brighter aspect on the asset segment of the company.
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Impact of finance on financial statements?
Finance are the reason for financial statements. Without financial information, financial statements can't be created. Investors use this information to make decisions about investing in a business.
The selection of an inventory costing method has no significant impact on the financial statements true or false?
The selection of an inventory costing method has no significant impact on the financial statements. true or false
How can the use of credit impact your financial stability over time?
dangerously
Discuss and explain the impact of finance on the financial statements?
Businesses regularly put out financial statements such as the income statement, balance sheet and statement of cash flows. When these financial statements are released, they can have large impacts on the business and on the investors of the company. Therefore, it is critical for the business to ensure that the information the statements present is correct. thank you Swarup Dey
What are the impact of LIFO FIFO methods on financial statements when prices are changing and stable?
"http://wiki.answers.com/Q/What_are_the_impact_of_LIFO_FIFO_methods_on_finacial_statments_when_prices_are_changing_and_stable"
The accrual basis of accounting recognizes the impact of transactions on the financial statements in the period when?
revenues are earned and expenses are incurred
What has the author Eoghan Brangan written?
Eoghan Brangan has written: 'Inventory of environmental impact statements submitted during 1993' -- subject(s): Environmental impact analysis, Environmental impact statements 'The development control system 1989'
What has the author Andrew Thomas Nelson written?
Andrew Thomas Nelson has written: 'The impact of leases on financial analysis' -- subject(s): Accounting, Leases, Financial statements
What are importance of footnotes?
The footnotes to the financial statements should describe the earnings impact of any changes in accounting policy, or changes in estimates (Financial Accounting Standards Board Statement No. 154)
Accounting changes are often made and the monetary impact is reflected in the financial statements of a company even though in theory this may be a violation of the accounting concept of?
Consistency
If you marry someone with bad credit does is mean you would also have bad credit as well?
Not necessarily. However, if you enter into a joint financial transaction such as a mortgage, it may have a negative impact.
Should investors care about MNC's translation exposure?
It does not affect cash flow, since it simply reflects the impact of exchange rate fluctuation on consolidated financial statements
