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Financial Reporting

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During the accounting cycle, accountants track, organize and record the financial dealings of a company. At the close of each period, accountants use the information they've gathered to prepare financial statements. Income statements, statements of capital, balance sheets and cash-flow statements are four common types of financial reports.
Today every organization requires financial reporting services. Financial reporting and analysis has become crucial for all businesses today because financial reports are necessary to assess a company’s financial performance. Organizations need to know and understand how their organization has fared during a specific financial year.
Financial reporting and analysis is a practice which is conducted by every organization or business to analyze and assess the company’s financial performance in the previous financial year. Financial reports would give the organization an analysis of how the organization performed. An organization can find out if its performance was excellent, good, satisfactory or poor with the help of effective financial reporting services.

Financial Reporting

Financial Reporting

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Financial analysis (also referred to as financial statement analysis or accounting analysis) refers to an assessment of the viability, stability and profitability of a business, sub-business or project.
It is performed by professionals who prepare reports using ratios that make use of information taken from financial statements and other reports. These reports are usually presented to top management as one of their bases in making business decisions. Based on these reports, management may :
•Continue or discontinue its main operation or part of its business
• Make or purchase certain materials in the manufacture of its product
• Acquire or rent/lease certain machineries and equipment in the production of its goods
• Issue stocks or negotiate for a bank loan to increase its working capital
• Make decisions regarding investing or lending capital

Financial Reporting

Financial Reporting

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Yes! I am interested
FOB Price : Get Price

During the accounting cycle, accountants track, organize and record the financial dealings of a company. At the close of each period, accountants use the information they've gathered to prepare financial statements. Income statements, statements of capital, balance sheets and cash-flow statements are four common types of financial reports.
Today every organization requires financial reporting services. Financial reporting and analysis has become crucial for all businesses today because financial reports are necessary to assess a company’s financial performance. Organizations need to know and understand how their organization has fared during a specific financial year.
Financial reporting and analysis is a practice which is conducted by every organization or business to analyze and assess the company’s financial performance in the previous financial year. Financial reports would give the organization an analysis of how the organization performed. An organization can find out if its performance was excellent, good, satisfactory or poor with the help of effective financial reporting services.

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