1 / 8

Understanding Financial Reporting in New York_Finalert LLC

<br>Financial Reporting refers to the systematic process of collecting, analyzing, summarizing, and communicating an organization's financial information to various stakeholders, including investors, creditors, regulators, and internal management.

finalert
Download Presentation

Understanding Financial Reporting in New York_Finalert LLC

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Understanding Financial Reporting:A Comprehensive Guide

  2. Introduction FinancialReportingreferstothe systematicprocessofcollecting, analyzing,summarizing,and communicatinganorganization's financialinformationto various investors, stakeholders, including creditors,regulators,andinternal management.Itencompassesthe preparationoffinancialstatementslike the balance sheet, income statement, and cashflowstatement,adheringto accountingstandardsandprinciples.

  3. Key Elements of Financial Reports BalanceSheet Income Statement CashFlowStatement

  4. PrinciplesofFinancial Reporting GenerallyAcceptedAccounting Principles(GAAP)International Financial Reporting Standards (IFRS)

  5. FinancialReporting Process DataCollectionandRecording Financial Statement PreparationAuditandReview

  6. ChallengesinFinancialReporting AccountingFraudandEthicalConcerns ComplexFinancialInstruments GlobalizationandReportingVariances

  7. Conclusion Congratulations!Nowequippedtonavigate thecomplexitiesoffinancialstatements, disclosures, and analysis. Remember, financial reporting is a powerful tool for decision-makingandundersandingthe financialhealthofanorganization.

  8. Thanks! +1(347)535-4499 ny@finalert.net www.finalert.net

More Related