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
Advertisements
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.
Advertisements


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
#  
MBA
Your Friendly Helper
 
www.ManagementParadise.com
Rep Power: 10MBA Helper
Automatic Reply for links related to your post

Hello.

I am your friendly Helper. Check the related links below which might be of your interest.

Not a Member Yet ?? Sign Up Now. Click Here

Looking for something? Search the Forums

Need Help on your Research Report ? Ask for Help or Help Others and create your network. Give back to the community by sharing your knowledge in terms of notes, research reports, discussions, articles etc..

Help Yourself and Help Others


Ask us, we are here to help

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 Off


Login
Forgot Password?  New User?
  

» Recent Threads

BMM Cutoff in Mithibai...
Last post by Jagruti Shah
3 Minutes Ago 03:37 PM
0 Replies
BMS Cutoff in Mithibai...
Last post by Jagruti Shah
18 Minutes Ago 03:21 PM
0 Replies
Hello TomMoore > Please...
Last post by Tom Moore
21 Minutes Ago 03:18 PM
0 Replies
Earthquake Hit America...
Last post by Pandey Bhoopendra
25 Minutes Ago 03:15 PM
0 Replies
B.Sc. Cutoff in Mithibai...
Last post by Jagruti Shah
1 Hour Ago 02:19 PM
0 Replies
B.A Cutoff in Mithibai...
Last post by Jagruti Shah
1 Hour Ago 02:08 PM
0 Replies
Class 10th (X) CBSE...
Last post by Pandey Bhoopendra
1 Hour Ago 01:54 PM
0 Replies
B.Com Cutoff in Mithibai...
Last post by Jagruti Shah
1 Hour Ago 01:42 PM
0 Replies
Class 12th (Science)...
Last post by Pandey Bhoopendra
2 Hours Ago 01:16 PM
0 Replies
Class 12th (Science)...
Last post by Pandey Bhoopendra
2 Hours Ago 01:05 PM
0 Replies
Payroll Outsourcing India
Last post by Hasya Kavita
3 Hours Ago 12:27 PM
0 Replies
Online Mobile Recharge...
Last post by Siddhu Chowdary
3 Hours Ago 11:58 AM
7 Replies
Confusion after Results...
Last post by Pandey Bhoopendra
4 Hours Ago 11:35 AM
0 Replies
Who was the first asian...
Last post by Pandey Bhoopendra
16 Hours Ago 10:54 PM
2 Replies
Limitation of Just in...
Last post by Pandey Bhoopendra
16 Hours Ago 10:46 PM
1 Replies

» Ads






» Projects Helpline

need books Operation...
Last post by Pandey Bhoopendra
21 Hours Ago 05:57 PM
Project on CRM (...
Last post by Pandey Bhoopendra
1 Day Ago 08:12 PM
7 ps of bank marketing
Last post by Pandey Bhoopendra
1 Day Ago 07:34 PM
Project topics for...
Last post by Pandey Bhoopendra
1 Day Ago 06:27 PM
TYBMS PROJECT TOPICS...
Last post by Pandey Bhoopendra
2 Days Ago 09:51 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