January 2022
Beginner
448 pages
13h 37m
English
Content preview from Accounting For Dummies, 7th Edition
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Chapter 10
Producing Financial Reports
IN THIS CHAPTER
Reviewing the purposes of financial reports
Keeping up to date on accounting and financial reporting standards
Ensuring that disclosure is adequate
Nudging the numbers to make profit and solvency look better
Comparing financial reports of public and private companies
Dealing with information overload in financial reports
Financial statements are the core content of a financial report, to be sure. But the term financial report connotes more content than the basic set of financial statements. To start this chapter, we briefly review the three primary business financial statements. Then we move on to a broader view of what’s in a financial report.
Lest you think that accountants prepare the whole of a financial report, we explain the role of top management in preparing the financial report of a business. Accountants are the main ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.