- This topic has 0 replies, 1 voice, and was last updated 2 years, 11 months ago by
.
-
Posts
-
Financial reporting uses an assortment of financial reports to screen an organization’s financial outcomes consistently and this information is important for management to make critical decisions about the company’s future. It also informs capital providers, such as creditors and investors, about the company’s success and financial stability.
Main objective of Financial Reporting Services
• To provide comprehensive information to management for analysis, planning, and decision-making.
• To provide data to investors, debt providers, borrowers, and promoters in order for them to make informed investment and credit decisions.
• To provide accurate information about listed companies to shareholders and the general public on various aspects of the company.
• To provide information about a company’s economic resources and how they have changed over time.
• To provide insight about how a company makes use of its capital.
• To provide information to different stakeholders on how their fiduciary duties and obligations are being carried out.
• To provide information to the legislative auditors in order to make the audit process easier.
• To improve social well-being.If any doubts, Click here – Financial Reporting Services
- You must be logged in to reply to this topic.
