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What represents a form of communication through financial reporting but not through financial statements?
Wiki User
∙ 11y ago
I think balance sheet
Wiki User
∙ 11y ago
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What has the author James W Deitrick written?
James W. Deitrick has written: 'Interim financial reporting' -- subject(s): Interim Financial statements 'Interim reporting developments' -- subject(s): Auditing, Interim Financial statements
The currency in which a company presents its financial statements is known as the?
Reporting Currency
What has the author L Todd Johnson written?
L. Todd Johnson has written: 'Recognition in Financial Statements' -- subject(s): Financial statements, Realization (Accounting) 'Reporting financial performance' -- subject(s): Financial statements, Accounting, Standards
What is fraudulent financial reporting?
Confidence in the operation of capital markets is compromised when the system of public disclosure is eroded by reported instances of fraudulent reporting.
Can you write a sentence using the word consolidated?
Consolidated Financial Statements are mandatory for tax reporting.
A change in inventory reporting from lifo to fifo is?
Allowed if it improves the usefulness of information in the financial statements
How often do publicly traded corporations typically prepare financial statements for external reporting purposes?
quartwly
What are the criteria for general acceptance of accounting principles?
Some GAAP principles are meant to improve or standardize recording and reporting of financial statements. Companies are expected to follow the GAAP principles when presenting financial statements.
Why companies consolidate their subsidiaries for financial reporting purposes?
Subsidiary companies are also part of group of companies so parent company is required to show the financial statements of group as a whole so that's why consolidated financial statements are prepared
What has the author Peter E M Standish written?
Peter E. M. Standish has written: 'Australian financial reporting' -- subject(s): Financial statements
What has the author Richard Macve written?
Richard Macve has written: 'A conceptual framework for financial accounting and reporting' -- subject(s): Accounting, Standards, Financial statements
Why is it necessary to develop a definitional framework for the basic elements of accounting?
. According to the FASB conceptual framework, the objective of financial reporting for business enterprises is based on the needs of the users of financial statements. Explain the level of sophistication that the Board assumes about the users of financial statements
