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What financial and non financial measures are important to the business?

CEO performance


Explain relationship between financial and non-financial performance indicators in achieving corporate governance compliance?

relationship between financial and non-financial performance indicators in achieving corporate governance compliance.


What is balanced in the balanced scorecard approach?

The integration of financial and non-financial performance metrics in employee reviews make the scorecard balance. Before the balanced scorecard, only financial metrics were measured.


Non financial risk?

i assume by non-financial risks, you mean business risks. Business risks refer to the kind of risks that could damage the performance of the business (IE, change of management, decreasing customer base, etc)


Ratio in isolation provide into the financial performance and financial position?

rations in isolation reveal little about financial position and financial performance of business.


What is Distinguish between financial and non-financial transaction?

Financial transactions involve the exchange of money or monetary value, such as buying goods, paying salaries, or transferring funds. These transactions directly impact a company's financial statements and are measurable in terms of currency. In contrast, non-financial transactions do not involve monetary exchanges; examples include signing a contract, issuing a press release, or completing a project milestone. While non-financial transactions may influence future financial performance, they do not have an immediate impact on financial records.


What do you mean by performance?

An NPA, or non-performing asset is a classification used by financial institutions that refers to loans that are in jeopardy of being in default.


What is the purpose of balanced Scorecard?

The primary purpose of a balanced scorecard is to provide a concise report on organizational performance. Usually, a balanced scorecard involves both financial and non-financial factors.


What is the purpose of a balanced scorecard?

The primary purpose of a balanced scorecard is to provide a concise report on organizational performance. Usually, a balanced scorecard involves both financial and non-financial factors.


What are non financial assets?

non financial assets characteristics


What is the primary purpose of a balanced scorecard?

The primary purpose of a balanced scorecard is to provide a concise report on organizational performance. Usually, a balanced scorecard involves both financial and non-financial factors.


Definition of non-financial information?

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.