The 'financial statement' reflects the financial position of a company at any given time.
The Balance Sheet.
The balance sheet
It won't affect the lender's lien position but their policy. Most lenders won't close the loan if the bankruptcy has not been discharged. If you have been given the discharged paper, you can give a copy of it to the lender and the title company so that they have it in their records.
What is a Balance Sheet * In financial accounting, a balance sheet or statement of financial position is a summary of the value of all assets, liabilities and Ownership equity for an organization or individual on a specific date, such as the end of its financial year. * nIt is also described as a "snapshot" of a company's financial condition on a given datePurpose * nTo identify potential liquidity problems* ** Company's ability / inability to meet financial obligations** nthe degree to which a co is leveraged or indebted* nWorking capital* ** nHow strong a co is to meet its short term liabilities* nBankruptcy* ** nWill the co be able to meet its payments* nStanding vis-à-vis its peers
Determining the value of a company includes an in-depth financial and operating analysis of an entity in an attempt to provide a point estimate of value at a given date based on an identified standard of value. The ultimate question is, "What would an investor pay for an ownership interest in the subject company, given alternative options for investment in the marketplace?"
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.
Financial goals are plans you make in terms of the income you earn. The goals may include having a given amount of money at given time-frames.
A financial audit looks into the legality of the financial statements of a given company. Commercial audits confirm that a company has the right to use the brands and products that it advertises.
A financial incentive a company might give an employee is a bonus for joining the company or staying with the company a certain length of time. A non-financial incentive from a company might be a day care center, an exercise room, or free coffee.
Balance Sheet: Balance sheet is the financial picture of an organization on a given day. while financial statement is a broader term and it can be for a very long time. financial statment is a formal record of business financial activities. it can be a day. month a year or so on. while balance sheet is just a part of a financial statement. in short balance sheet is also a finanaical statement. but finanacial statement can not be balance sheet..
== == The exact information given can differ according to the accounting standards used in creating financial accounts. But generally it will give you three main statements. 1. There is a statement of the revenues earned and the expenses incurred in the last financial period. The result is the net profit or loss. The financial period often consists of a year. 2. The Balance Sheet provides the information about the overall position of the company. It shows the assets of the companies and the liabilities of the company. It tells you how the company is financed and the structure of the company's financial position. 3. The cash flow statement begins with the company's "cash and cash equivalents" and then goes on to calculate the real cash inflows and outflows. This is necessary as the profit made is not equal to the cash increased. Cash is like a blood in company. Apart from these, there is a statement of equity and the notes to the statements. These go further into the details of company's affairs.
in simple terms consider financial position as what is your balance sheet i.e your assets and liabilities financial performance your profit and loss account i.e all you income derived and expenses incurred in a given time. the above are not exact definitions, they are just explanations
A bonus given which isn't related to money, e.g company car, free holiday etc...
Financial accounting is a recording, summaring, classifying, communication, anlaysing of business transactions in oder to ascertain the financial position at a given time. and the trms use in financial accounting are: The dual concept in accounting, that is Debit the receiver's account and credit the Giver's account
What is the name given to the fear of financial debt?
Surrendering a vehicle, in a financial sense, means that it is being repossessed and it is being given back to the finance company. The company will usually send someone to collect the vehicle.
It won't affect the lender's lien position but their policy. Most lenders won't close the loan if the bankruptcy has not been discharged. If you have been given the discharged paper, you can give a copy of it to the lender and the title company so that they have it in their records.
What is a Balance Sheet * In financial accounting, a balance sheet or statement of financial position is a summary of the value of all assets, liabilities and Ownership equity for an organization or individual on a specific date, such as the end of its financial year. * nIt is also described as a "snapshot" of a company's financial condition on a given datePurpose * nTo identify potential liquidity problems* ** Company's ability / inability to meet financial obligations** nthe degree to which a co is leveraged or indebted* nWorking capital* ** nHow strong a co is to meet its short term liabilities* nBankruptcy* ** nWill the co be able to meet its payments* nStanding vis-à-vis its peers
Determining the value of a company includes an in-depth financial and operating analysis of an entity in an attempt to provide a point estimate of value at a given date based on an identified standard of value. The ultimate question is, "What would an investor pay for an ownership interest in the subject company, given alternative options for investment in the marketplace?"