ManagementParadise.com : Worlds Leading Management Portal. MBA | Classroom, Boardroom and Beyond


Go Back   ManagementParadise.com Forums - Your MBA Online Degree Program and Management Students Forum for MBA,BMS, MMS, BMM, BBA, students & aspirants. > Projects HUB for Management Students ( MBA Projects and dissertations / BMS Projects / BBA Projects > Resolve Your Query - Get Help and discuss Projects > Financial Management ( FM )

PARTIES INVOLVED IN FINANCIAL STATEMENT

PARTIES INVOLVED IN FINANCIAL STATEMENT

Discuss PARTIES INVOLVED IN FINANCIAL STATEMENT within the Financial Management ( FM ) forums, part of the Resolve Your Query - Get Help and discuss Projects category; PARTIES INTERESTED IN THE FINANCIAL STATEMENT The various persons interested in the financial statements for various purposes are as under: ...

Reply
 
LinkBack Thread Tools Display Modes
PARTIES INVOLVED IN FINANCIAL STATEMENT
Old
 (1 (permalink))
Abhijeet S
abhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to behold
 
abhishreshthaa
Operations Manager at Management Paradise
Management Paradise Guru
 
Status: Offline
Posts: 7,045
Join Date: May 2010
PARTIES INVOLVED IN FINANCIAL STATEMENT - September 23rd, 2010

PARTIES INTERESTED IN THE FINANCIAL STATEMENT

The various persons interested in the financial statements for various purposes are as under:


i. Owners: They have the primary interest in the financial information. They have entrusted their financial resources to the firm and therefore would like to know the periodical performance.


ii. Managers: Managers are responsible for the overall performance of the firm. They make several decisions and therefore they need information.
Accounting provides relevant information, in which managers have direct interest


iii. Creditors: They supply materials and provide services to the organization then they get payment on regular basis.


iv. Bankers: Banks and Financial Institutions are providing loans, both term loans and working capital; against this they are getting interest from the company.


v. Investors: They get the idea of financial strength and performance of the firm from its financial report. They are usually interested in the earning, rate of dividend growth trend of the firm.


vi. Employees and Trade Unions: They also make use of the financial information revealed in the financial statement. They can bargain on matters relating to salary, bonus and other benefits on the basis of information of the financial report. Thus, financial information is useful to employees and union as they get insight into the matter affecting their economic and social interests.


vii. Government: Government is also interested in the financial statement for the tax purpose and for preparation of financial plan. The tax department of the government determines the taxable income of the firm from the financial statement.


Help Others > Network > Grow


Work with us part time/full time as forum moderator. Email us your resume on careers @ managementparadise.com PLS PRESS THANKS BUTTON IF U LIKED MY POST.

Friends: (0)
Reply With Quote
Related to PARTIES INVOLVED IN FINANCIAL STATEMENT
 
Similar Threads
Thread Thread Starter Forum Replies Last Post
FINANCIAL STATEMENT ANALYSIS of HLL Vijith Pujari Financial reporting and analysis(corporate banking and insurance) 11 April 22nd, 2011 12:14 PM
What is a Financial Statement Abhijeet S Financial Management ( FM ) 0 September 23rd, 2010 01:34 PM
Financial Statement Analysis[4 IN 1] Roshni Bhatia Financial Management 3 July 26th, 2009 09:23 AM
FINANCIAL STATEMENT ANALYSIS gauravkk85 Financial Management ( FM ) 9 July 24th, 2009 12:34 PM
Financial statement analysis Roshni Bhatia Financial Management 1 May 21st, 2009 10:13 PM
 

Reply

Bookmarks

Tags
financial, involved, parties, statement

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Login
Forgot Password?  New User?
  
» Ads




» Recent Threads
Solution manual on...
Last post by Alex Wud
7 Minutes Ago 08:31 AM
4 Replies
Watch Free IPL 7 Match 2:
Last post by Yashwant Naik
9 Hours Ago 11:28 PM
0 Replies
IPL 2014 Live Score:...
Last post by Yashwant Naik
9 Hours Ago 11:21 PM
0 Replies
Pepsi IPL7 Live Match,...
Last post by Yashwant Naik
9 Hours Ago 10:41 PM
0 Replies
Atletico Madrid stuns...
Last post by Yashwant Naik
10 Hours Ago 10:32 PM
1 Replies
Soultion manual on... ( 1 2 3... Last Page)
Last post by Paul Crush
11 Hours Ago 09:25 PM
51 Replies
Calgary Stabbing Victims...
Last post by Kaushal Mehta
15 Hours Ago 05:35 PM
0 Replies
EPL Results Week 35
Last post by Kaushal Mehta
15 Hours Ago 05:29 PM
0 Replies
Real Madrid Barcellona
Last post by Kaushal Mehta
15 Hours Ago 05:26 PM
0 Replies
TISS, Mumbai: Exec. PGD...
16 Hours Ago 04:25 PM
0 Replies
Short Term Technical... ( 1 2 3... Last Page)
Last post by Windsor Brokers
16 Hours Ago 03:58 PM
42 Replies
Get 2 Days Free Stock...
Last post by Market Magnify
16 Hours Ago 03:57 PM
0 Replies
PREMIUM CALL
Last post by Riya Bajaj
17 Hours Ago 02:44 PM
1 Replies
Solution manual on... ( 1 2)
Last post by Mian Umar
1 Day Ago 07:56 AM
19 Replies
Solution manual on Cost... ( 1 2 3... Last Page)
Last post by Ahmed Shousha
1 Day Ago 02:26 AM
35 Replies
» Projects Helpline
Project on CRM (...
Last post by Vish Kumar
1 Day Ago 06:12 PM
100 Marks Project on...
by msdhoni
Last post by Bhautik Kawa
3 Days Ago 11:55 AM
Ask Gaurav Mishra for...
1 Week Ago 09:33 PM
ManagementParadise.com is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.


Management Paradise
About Us
Press
Jobs
Contact Us
Kartik Raichura
Legal
Terms & Conditions
Privacy Policy
Disclaimer
Copyrights
Help
Zeitgeist
Support
FAQs
Tour
Feedback
Partners
Follow
Copyright © 2004 - 2013 Management Paradise. Site Developed by Available.co.in