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Q: What does accurate and timely report enable a company do?
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The importance of annual report for external users?

Why Annual Reports Are Important to UsersAn annual report can give us a lot of important information about a company. When we're a regular stockholder, the company sends us its annual report. If we're not already a stockholder, we may contact the company's shareholder service department for a hard copy.We can often view a company's annual report at its Web site. Any major search engine can help us find it. Downloading or printing the annual report should be easy.We need to carefully analyze an annual report to find out the following:· We want to know how well the company is doing. Are earnings higher, lower, or the same as the year before? How are sales doing? These numbers should be presented clearly in the financial section of the annual report.· We want to find out whether the company is making more money than it is spending. How does the balance sheet look? Are assets higher or lower than the year before? Is debt growing, shrinking, or about the same as the year before?· We want to get an idea of management's strategic plan for the coming year. How will management build on the company's success? This plan is usually covered in the beginning of the annual report frequently in the letter from the chairman of the board.Our task boils down to figuring out where the company has been, where it is now, and where it's going. As an investor, we don't need to read the annual report like a novel from cover to cover. Instead, approach it like a newspaper and jump around to the relevant sections to get the answers we need to decide whether we should buy or hold on to the stock.The process of preparing an annual report provides us with an essential and comprehensive document to present to investors and lenders who express an interest in our business, or potential stakeholders who we approach for funding. We could always assemble this information in the middle of the year if and when we need it, but it is far more convenient to have it on hand already, and our information is more accurate and useful if we prepare it in a timely fashion.


Who to talk to about a state tax lien on your credit report?

If you are in the process of paying it off, ask the state tax bureau to give you a letter for the credit reporting company IF you are paying it off on svhedule in a timely fashion. This will not improve your credit score immediately , but when the lien is paid off, your efforts should be duly noted if you initiate the credit repair.


Why is maintaining a reliable accurate and timely accounting system important?

without good records it is impossible to determined the financial condition or profitability of a business and also to identify all your business assets , liabilities, income and expenses


Role of an accountant in an organization?

Accountants have many roles in an organization. A management accounting will create and understand production reports and make timely and valuable decisions to increase the company profits.


If you find a bounced check from 1999 on your credit report would paying it make it show up on your credit report for another 7 years?

No. Paying a derogatory item from 1999 cannot extend the reporting period, which is established by the Fair Credit Reporting Act as 7 years from the month and year you last paid the account in a timely manner.

Related questions

Why is it important to report incidents accurately and in a timely manner?

why it's important to keep accurate and timely reports of incidents that put people's health, safety and security at risk.


The purpose of a business report is?

The purpose of business reports is to enable management to have timely, factual information at hand for planning and decision making.


What is the report phase of pr execution?

During the report phase of an Army PR execution it starts with the recognition of an isolating event. It has to be timely and accurate. This is the first phase of a PR execution.


What is reported the report phase of the PR execution?

During the report phase of an Army PR execution it starts with the recognition of an isolating event. It has to be timely and accurate. This is the first phase of a PR execution.


What is the army's report phase of the pr execution?

During the report phase of an Army PR execution it starts with the recognition of an isolating event. It has to be timely and accurate. This is the first phase of a PR execution.


What do CFO do?

there is a lot of things that the CFO of an company do but one thing is that they are responsible for presenting and reporting accurate and timely historical financial information of the company he or she works for.


What is performed during the report phase of the army pr execution?

During the report phase of an Army PR execution it starts with the recognition of an isolating event. It has to be timely and accurate. This is the first phase of a PR execution.


How has new trends in information technology helped improve a company's productivity and profitability?

there is high sense of accuracy,timely report generation.


In order to be relevant accounting information must be?

Timely and accurate.


What are the qualities of information?

They are Relevant,Complete,Timely,Accurate,Presentable,and lastlyCost effective


What is meant by history of arrears?

The term arrears may be mentioned in a credit report or by a company you owe money to. A history of arrears means you do not pay what you owe in a timely manner and are behind on payments.


What is performed during the the report phase of the PR execution?

The Report phase of Personal Recovery is the first phase of the process. During this phase, an isolating event is recognized, and it must be timely and accurate. Reports can be generated by an accountability mechanism, visual sightings, intelligence, surveillance, and reconnaissance operations, as well as communications with an IMDC person reporting the event. Several reports may come from different reporting sources.