Sentences with phrase «users of financial statements»

Assists users of financial statements in evaluating the company's ability to generate cash internally, repay debts, reinvest and pay dividends to shareholders.
The appraisal of an account, such as deferred income taxes payable, is in the province of the users of financial statements, not the preparers of financial statements.
Adjusting Shareholder Equity: Accounting rules are under the control of business, not the users of Financial Statements.
In the same way, most users of financial statements don't have the vaguest idea of all the assumptions underlying financial statements.
In the opinion of the Company's management, this measure is meaningful to users of the financial statements to understand the Company's periodic earnings and the variability of earnings caused by the unpredictable nature (i.e., the timing and amount) of catastrophes and loss reserve development.
In the opinion of the Company's management, a discussion of loss reserve development is meaningful to users of the financial statements as it allows them to assess the impact between prior and current year development on incurred claims and claim adjustment expenses, net and core income (loss), and changes in claims and claim adjustment expense reserve levels from period to period.

Not exact matches

Financial statement users also consider core income / (loss) when analyzing the results and trends of insurance companies.
For example, Mint created monthly financial statements that show a user their progress and the status of their accounts.
Overall, we believe that the use of investment company accounting makes our financial statements more useful to investors and other financial statement users since it allows a more appropriate basis of comparison to other entities with similar objectives.
The Board considered pursuing, but decided not to pursue, an alternative to include the prior service cost or credit component in the line item (s) reporting current employee compensation because this component is not exclusively related to the current period's employee services and may add complexity to financial statement users» analyses of an entity's core operating performance.
What economic reality is must be determined by the user of GAAP (the analyst) not the preparer of GAAP financial statements (the CPA).
Accounting information is presented to internal users usually in the form of management accounts, budgets, forecasts and financial statements.
Speaking in a recent financial statement, THQ CEO Brian Farrell has confirmed that a multiplayer taster demo will be going live soon in order to «stimulate more new users and purchasers of the game.»
SAP is designed to address the concerns of regulators, who are the primary users of statutory financial statements.
This statement and the policy outlined herein are not intended to and do not create any contractual or financial or any other legal rights in favor of the User or any other party.
The report was buttressed by a statement by the Korean Financial Services Commission affirming they were promoting the transition to a real name deposit / withdrawal account service that permits only the account transfer of the trader who is identified as the user and the virtual currency provider of the same bank account.
The Indian government was condemned for its statement on Bitcoin and the cryptocurrency market because it has irrationally attacked a decentralized currency system and stores of value that are providing financial stability and independence to their users, unlike the government - owned and issued fiat money.
Seeking a QuickBooks Certified User for position maintaining a chart of accounts, conducting monthly reconciliations, recording cash receipts, and preparing monthly financial statements.
Measure the impact of generally accepted accounting principles (GAAP) reporting on the user's financial statements if a sale - leaseback is affected.
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