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What makes information relevant?

I dont no it but i need to know it too


What does it mean information reporting?

Information reporting refers to the process of reporting financial or non-financial information to regulatory authorities, tax agencies, or other relevant parties. This helps ensure transparency, compliance with regulations, and accuracy in reporting financial transactions.


How would you recommend to make financial information more relevant to the investing public and how will you deal with erring providers of doctored financial statements?

your big head


The accounting principle that requires financial statements to report all relevant information about the operations and financial condition of a company is called?

Full Disclosure Principle


Where can one find information about openwork?

Information about the financial advisers company "OpenWork" can be found online very easily. By visiting the official website there is lots of relevant information.


Fraud and ethics in managerial accounting?

A managerial accountant is a person who controls the financial information for a company. Ethics require that managerial accountants keep company financial records completely confidential, and they should objectively inform their clients of all relevant financial information.


What is materiality and inmateriality in an audit?

Materiality is the magnitude of an omission or misstatement of accounting information that, in the light of surrounding circumstances, makes it probable that the judgment of a reasonable person relying on the information would have been changed or influenced by the omission or misstatement. While that the relevant financial statement bases and presumptions on the effect of combined misstatements or omissions that would be considered Immaterial. It does not affect the financial statement.


What did you mean accouting?

Accounting is basically a service based profession that provides reliable and relevant financial information useful in making decisions.


What is the main aim of accounting?

The main aim of accounting is to systematically record, classify, and summarize financial transactions to provide relevant financial information to stakeholders. This information helps in making informed decisions, assessing the financial health of an organization, and ensuring compliance with regulations. Ultimately, accounting facilitates transparency and accountability in financial reporting.


What are the role of Transaction Processing System on financial information system?

An information system that tracks financial events and summarizes financial information is said to be financial information system. Generally the term financial information system refers to use of information communication technology in financial operations to support management and budgeting decisions and preparation of financial reports and statements. A financial information systems stores, organizes and makes access to financial information easy. It not only stores all the financial information relating to current and past years' spending, but also stores the approved budgets for these years, details on inflows and outflows of funds, as well as completes inventories of financial assets (eg equipment, land and building) and liabilities (debt).


Where is the best place to find burial insurance information?

Burial insurance is an important step for your family's financial future. Check out Burialinsurance.org and provide relevant information to get more information concerning your particular needs and costs.


What is the role of accounting in the information age?

Accounting has a great value in information age. It is a system that identifies, records and deliver financial information that is relevant, reliable and comparable in order to help users to make better and accurate decisions.