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What are the qualities that financial statements should possess?
Understandability,Consistency,Relevance and Reliability:)
What disclosures should be made in the equity section of the balance sheet rather than in the notes to the financial statements?
define liquidation preferences as disclosures should be made in the equity section of the balance sheet, rather than in the notes to the financial statements
Financial statements and consolidated financial statements?
Consolidated financial statements are financial statements that present the assets, liabilities, equity, income, expenses and cash flows of a parent and its subsidiaries as those of a single economic entity. visit page: cndhearingsolution .co.nz/ear-suction
Explain why a regulatory framework is necessary?
Regulatory framework is necessary for the preparation of Financial statements. - Financial statements are used by investors, lenders and customers (to name but few) and must be helpful for those stakeholders for making decisions. - Statements should be comparable and provide basic information.
Changing the method of inventory valuation should be reported in the financial statements under what qualitative characteristic of accounting information?
timeliness
What level of knowledge should users of financial statements have?
What level of knowledge should users of financial statements have?
Have financial statements lost its importance?
No. Financial Statements are the only way to measure financial performance. Perhaps the questioner should elaborate why he/she thinks that financial statements may have lost their relevance.
What has the author Yetive H Dean written?
Dean Michael Mead has written: 'What else you should know about a government's finances' -- subject(s): Accounting, Financial statements, Local finance, Public Finance 'An analyst's guide to government financial statements' -- subject(s): Accounting, Financial statements, Public Finance 'What you should know about your local government's finances' -- subject(s): Accounting, Financial statements, Local finance 'The quick guide to local government financial statements' -- subject(s): Accounting, Financial statements, Local finance
What is common financial denominator?
The financial statements should be stated in terms of a common financial denominator?
What skills should a financial analyst possess?
The best financial analyst jobs are generally in the investment banking industry, as they have the highest average pay for a college grad and the greatest exit opportunities.
Should financial statements be capitalised?
Financial statements should not be capitalized. Capitalization refers to recording a cost or expense as an asset on the balance sheet, which can distort the financial position of a company. Financial statements should accurately reflect the company's financial performance and position through proper accounting principles.
Presenting consolidated financial statements this year when statements of individual companies were presented last year is?
an accounting change that should be reported by restating the financial statements of all prior periods presented.
Where do they have the charted financial analyst training for the new candidates?
You should contact the company that is taking the candidates. There is some interesting info here http://www.docstoc.com/docs/20620050/Chartered-Financial-Analyst%C2%AE-Training-program
What financial information should a business plan contain?
financial statements (if the business has already been operating)budgetpricingprojections
What are the qualities that financial statements should possess?
Understandability,Consistency,Relevance and Reliability:)
Should corporate managers be in charge of financial statements?
no. it could be 30% chance!
What disclosures should be made in the equity section of the balance sheet rather than in the notes to the financial statements?
define liquidation preferences as disclosures should be made in the equity section of the balance sheet, rather than in the notes to the financial statements
