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Non-financial information comprises all quantitative and qualitative data on the policy pursued, the business operations and the results of policy in form of outcome, without a direct link with financial registration system. It refers to information that falls outside the scope of mainstream financial statements.It is a basis of providing direction. It does not have direct financial impact. Sometimes non-financial information could refer to social accounting, corporate social responsibility (CSR), environmental reporting, sustainability, service performance reporting and etc.
What else can I help you with?
How would you define a budget?
A budget is a quantitative plan of operations that identifies the resources needed to fulfill the organization's goals and objectives. It includes both financial and nonfinancial aspects.
What is the definition of accounting according to American accounting association?
According to the American Accounting Association, accounting is defined as the process of identifying, measuring, and communicating economic information to permit informed judgments and decisions by users of the information. This definition emphasizes the importance of providing relevant financial data to stakeholders for effective decision-making.
Which of the following is the most appropriate and modern definition of accounting?
The information system that identifies, records, and communicates the economic events of an organization to interested users.
What is the definition of Historical Cost?
what is the definition of historical cost
Definition of closing?
The definition of the word closing means to bring to an end or to cover an opening.
What nonfinancial measurements sometimes accompany the financial statements in reports to stockholders?
nonfinancial measures include information on such items as revenue percentage per employee, employees who have contact with customers, satisfied customers, research and development costs
How do you spell nonfinancial?
The word is spelled either as one word nonfinancial (nonfiscal) or hyphenated non-financial.
What is the antonym for financial?
nonfinancial
What type of information is dealt with in an assurance service?
Information in an assurance service can be financial or nonfinancial, historical or forward-looking, discrete data or information about systems, internal or external to the decision maker.
What is an antonym of financial?
i found on the net that it was nonfinancial
Should NOT be used as a nonfinancial performance measure?
Nonfinancial performance measures, such as customer satisfaction or employee engagement, should not be used in isolation to evaluate an organization's overall performance. These metrics lack a direct financial correlation and may lead to misleading conclusions if not considered alongside financial data. Additionally, focusing solely on nonfinancial metrics can overlook crucial financial factors that drive sustainable growth and profitability. Therefore, a balanced approach that integrates both financial and nonfinancial measures is essential for a comprehensive assessment of performance.
Firms with relatively high nonfinancial fixed costs are said to have a high degree of what?
Operating Level.
What has the author Allen Sweeny written?
Allen Sweeny has written: 'Budgeting fundamentals for nonfinancial executives'
What is the word that has the definition for providing information instructive?
The word that has the definition for providing information instructive is "educational."
What is the definition of health information?
What is personal health information
What is a comprehensive definition of information technology?
A comprehensive definition of IT as "electronic technologies for collecting, storing, processing, and communicating information
What did HIPPA broaden the definition of personally identifiable information PII to include?
HIPPA broadened the definition of personally identifiable information to include Health Information.
