THE MAJOR FINANCIAL STATEMENTS AND OTHERS MEANS OF REPORTING. FININCAL STATEMENTS: The statements prepared to show the financial position of the business is known as financial statements. These statements provide financial information of an equity to internal and external users and decision makers. MAJOR FINANCIAL STATEMETS: The three main financial statements are as follow:
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“Financial Statements.” There are four financial statements to work with; Balance Sheets‚ Income Statements‚ Retained Earnings Statements‚ and Statement of Cash Flows. Balance sheets let you have a quick review of what assets‚ liabilities‚ and equity were distributed within the accounting period. Income statements show the business whether they made a profit or not. Retained earnings statement shows what the company decides to retain for them‚ after everything else is paid. The statement of cash flows
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want to keep consistent • It simplifies maintenance‚ avoids duplication of local constants • It can make a program easier to read in reference to constants Five disadvantages of using global variables • It makes debugging difficult • Any statement in a program can change the variable • If modules use global variables it is dependent upon the module and if other modules are presented you have to redesign all over each time • It makes a program hard to understand since it can be modified
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Income statement The income statement or the profit and loss account as it is also called measures reports how much profit (wealth) has the business generated over a period of time. To measure profit the total generated revenue over a period must be identified. Revenue is a measure of inflow of economic benefits arising from the operations of the business. These benefits will either result in an increase of assets such as cash or amounts owed to the business by the customers or a decrease
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values and strategies. (Often a "Vision Statement" and a "Mission Statement" may encapsulate the vision and mission). * Vision: outlines what the organization wants to be‚ or how it wants the world in which it operates to be (an "idealised" view of the world). It is a long-term view and concentrates on the future. It can be emotive [citation needed] and is a source of inspiration. For example‚ a charity working with the poor might have a vision statement which reads "A World without Poverty."
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PHILIPPINE LONG DISTANCE TELEPHONE COMPANY AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS AS AT MARCH 31‚ 2013 (UNAUDITED) AND DECEMBER 31‚ 2012 (AUDITED) AND FOR THE THREE MONTHS ENDED MARCH 31‚ 2013 AND 2012 (UNAUDITED) F-1 PHILIPPINE LONG DISTANCE TELEPHONE COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (in million pesos‚ except par value per share amounts and number of shares) As at January 1‚ As at March 31‚ As at December 31‚ 2012 2012 2013
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established. VISION STATEMENT A vision is a general statement encompassing the direction an agency wants to take and the desired end result once it gets there. It represents a destination that is driven by and evokes passion. A vision may or may not succeed. It depends on whether everything else happens according to a firm’s strategy. A vision is useless unless it is implemented. The organisation should have plans or strategy to implement the vision. It provides a fundamental statement of an organisation’s
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Writing the Statement of Purpose Dr. Carla Trujillo UC Berkeley College of Engineering THINGS TO KEEP IN MIND: 1. What they read between the lines: motivation‚ competence‚ potential as a graduate student 2. Emphasize everything from a positive perspective. 3. Demonstrate everything by example. Don’t say directly‚ for example‚ that you’re a persistent person; you must demonstrate it. 4. You don’t want to make excuses‚ but you can talk about the mistakes you’ve made as a learning experience
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Statement of Purpose The Statement of Purpose is your first personal contact with the Admissions committee. Use it to distinguish yourself. The SOP should speak about you‚ your aspirations and professional goals and relate these to the graduate program that you intend to pursue.It should basically answer the question..."Why should the graduate school admit you... what makes you special? Remember‚ the SOP is the tool that faculty use to gauge if you have what it takes to succeed in grad school
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Tutorial 1: Natasha Oliver (3522225) Randall van Rooyen (3521675) Teboho (Goodman) Moloi (2974296) Paul Muller (3522241) Robin Parenzee (3522217) Tiger Brands Mission Statement (www.tigerbrands.co.za): 1. Our Vision To be the world’s most admired branded consumer packages goods company in emerging markets. Our Mission To be a high performing‚ fast-moving consumer goods company with leading brands‚ operating across the globe in several selected emerging territories. Tiger Brands Limited (www.whoswho
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