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Eight interested parties to financial statement are;
1. Shareholders
2. Suppliers
3. Customers
4. Investors and Lenders
5. Creditors
6. Government
7. Competitors
8. Management
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∙ 11y ago
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What is a UCC3 agreement?
A UCC-3 agreement is a financial statement amendment that tracks changes. It tracks termination or transfers of financial information and the parties involved.
Why an auditor should not prepare the financial statement and then express an opinion Also the standards to which this relates?
The auditor is the person who assesses whether the financial statement has been prepared accordingly or not. Firstly it is not the role of the auditor to prepare the financial statement as the auditor has to form an independent opinion. Secondly, it would be part of internal control and corporate governance activities for the preparation of the financial statement and the audit to be conducted be two separate parties to eliminate error or fraud.
Who are the parties interested by accounting data of business?
The parties that are interested by accounting data of business are Accountants and auditors.
Which statement is flexible and adaptable as well as has the ability to be communicated to all parties?
Vision. It is flexible and adaptable enough to allow managers and employees to display individual initiative in pursuing it. It is capable of being communicated to all interested parties.
Does political parties have financial interest?
Yes
What ironic about Jordan statement comparing large and small parties?
Large parties are more personal.
Who are the parties involved in international trade?
Financial institutions
What is the definition of disclosure statement?
A disclosure statement is a document that provides information about a particular topic or transaction, typically including details that may impact decision-making. It is often used in financial transactions or legal matters to ensure transparency and inform parties of important facts or risks.
What is mean by the term sales lead?
Potentially interested parties.
What does a financial intermediary do?
A financial intermediary is a title given to a person that works in the financial world. Their job is basically to act as the middleman between parties that are involved in a financial transaction.
What is ironic about jordans statement comparing large and small parties?
Large parties are more personal.
How do major political parties in the US get citizens more interested in the political process?
by encouraging them to view members of competing parties as enemies
