well a financial stat is one where we get to know all or possibly most of activities and details ........so managers will take in interest in these statement(trading,p&l,appropriation ,cash flow n balance sheet) to take corrective measures or to forecast for the future.
customers are interested in information which confirms the buisness is likely to continue operating in the future. This is important where customers are dependant on the goods/services they buy from the buisness. A customer may have a guarantee or warranty on a kitchen appliance or television they purchased.
investors use financial statements to make investment decisions whether to invest in that particular or not by looking at the financial statement.
To determine whether to trade with the company or not. they want to be use that the company us in a string position to repay anything they owe.
because they want to know how much profit the company makes and if it is financially stable, and will be able to pay their dividends if they invest by buying shares..
so that they are aware of the financial health of the company they will be investing in.
Shareholders are interested in financial statements to see that how company is performing and whether company will be able to earn expected rate of return.
company profile will display on statement
the people who are interested in the business financial statement are : -- the BIR -- the business's prospective investors -- the management -- the owner of the company/business hope this answer helps you
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
why is financial statement analysis part of business analysis? Please answer this question, I'll need it this answer!
the Federal Financial Management Act of 1994 extended the scope of the CFO Act by requiring agency-wide financial statements and a consolidated government-wide financial statement
it enable both internal and external to know that the company worth, the company is heading for losses.
Management is initially responsible for preparing financial statements and auditors are responsible for reasonable assurance
It is a true statement that the objective, or goal, of management is to maximize profits. Another term for profit would be financial gain.
Commercial banks are interested in financial statements so they can see that how is business performing so that they can invest money in it as well as if business wants credit from bank is business will be able to return it back or not.
According to the mission statement, cognizant is focused on three segments. They are Financial services, staff augmentation and human capital management services.
Notes to financial statement can be considered to be a financial statement since they report the details and additional information that are left out.
no. income statement is a only a statement in financial statements.
A company's financial report may be used by the management, the board of directors, and the government. The stockholders may also be interested in the financial report in order to understand the direction the company is headed in.