1.1 What types of questions can be answered by analyzing financial statements? Would an investment generate attractive returns?- what is the degree of risk inherent in the investments-will cash flows be sufficient to service interest and principal payments to support the firm’s barrowing needs-should existing investment holdings be liquidated-does the company provide a good opportunities for employment‚ and employee benefits-how well does this company compete in its op environment. 1.2 What is
Premium Balance sheet Annual report Financial statements
Financial Reporting Financial reports are the documents and records that you put together to track and review how much money your business is making (or not). The purpose of financial reporting is to deliver this information to the lenders and shareowners (the stakeholders) of your business. If someone else is supporting part of your business‚ financial reporting must be part of the essential contract between you and them. Your lenders and investors have the right to know if their money is being
Premium Income statement Financial statements Generally Accepted Accounting Principles
THE FINANCIAL SYSTEM – NATURE‚ EVOLUTION AND STRUCTURE A financial system is an integral part of a modern economy. An effective system of payment for goods and services enables huge production and the specialization of labor in the economy. The word „system‟ means an ordered‚ organized and comprehensive assemblage of facts‚ principles or components relating to a particular field and working for a specified purpose. But the word system in the term „financial system‟ represents a set of closely held
Premium Financial services Investment Bank
Financial Statement Analysis Chandra Sekhar Mishra VGSOM‚ IIT Kharagpur Outline Financial Statements and their Content ●Why Financial Statement Analysis (FSA)? ●Tools for FSA ● Financial Statements ● Balance Sheet ● ● Statement of financial position Statement of Assets and Liabilities ● ● ● ● Income Statement ● Statement of financial performance ● ● Assets: What a business owns Liabilities: What a business owes to non-owners Equities: What a business owes to owners Revenues and Expenses
Premium Generally Accepted Accounting Principles Balance sheet Asset
Financial System of Bangladesh The Financial System is a set of institutional arrangement through which surplus units transfer their fund to deficit units. At present the financial system in Bangladesh is mainly composed of two types of institutions like banks and non-bank financial institution (NBFIs). The formal financial sector in Bangladesh includes: (a) Bangladesh Bank as the central bank‚ (b) 48 commercial banks‚ including 4 Government owned commercial banks‚ 30 domestic private banks (PCBs)
Premium Financial services Bond Bank
LAWS OF MALAYSIA Act 758 Financial Services Act 2013 Date of Royal Assent Date of publication in the Gazette 18 Mar 2013 22 Mar 2013 An Act to provide for the regulation and supervision of financial institutions‚ payment systems and other relevant entities and the oversight of the money market and foreign exchange market to promote financial stability and for related‚ consequential or incidental matters. [30 June 2013‚ except s.129 and Schedule 9.] PU(B) 276/2013. ARRANGEMENT OF SECTIONS
Free Insurance Financial services Central bank
credibility? An assurer must have the knowledge and expertise to assess the truth and fairness of the information being presented by the preparers. Auditors of financial reports need to be trained accountants with detailed knowledge about the complex technical accounting and disclosure issues required to assess the choices made by the financial report preparers. When undertaking an audit‚ the auditor should use professional scepticism‚ professional judgement and due care. Auditors should be independent
Premium Auditing Auditor's report Audit
Managing financial resources Table of Contents 1. Introduction 2. Past Financial Performance of Elim Limited A. Purpose of this Analysis B. The Importance of Standards C. Descriptions of Past Performance 3. Implications of Elim’s Past Performance 4. Information Needs & Its Importance D. List of Decisions E. Information Needs of Different Parties 5. Analysis of Different Strategies F. Cost Control G. New Product Development
Premium Generally Accepted Accounting Principles Financial ratios Financial ratio
Financial Crisis of 2008 and its impact on Pakistan Following the financial crisis that broke in the US and other Western economies in late 2008‚ there is now serious concern about its impact on the developing countries including Pakistan. No doubt about that there are particular countries that will be adversely affected‚ there will also be countries that may be less affected‚ may avoid recession‚ and may recover sooner than expected. Although current Pakistan’s Economics downturn has been caused
Premium Economics Financial crisis Recession
AND STRUCTURES OF THE FINANCIAL SYSTEM IN MALAYSIA Roles of Financial Systems a) Financial Intermediation Malaysia has a modern and comprehensive financial system that continues to evolve in response to changing domestic and international conditions. A financial structure consists of two major components; financial institutions and financial markets. Principally‚ the financial system aims to facilitate the effective use of funds. The financial institution act as an intermediary
Premium Bank Financial market Credit card