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.