Sentences with phrase «purpose of financial statement»

The purpose of financial statements is to provide pertinent information on the financial position (Balance Sheet), profitability (Income Statement) and operating, investing, and financing activities (Cash Flow Statement) of a company.
The purpose of financial statements is investment analysis using the financial position (Balance Sheet), profitability (Income Statement) and operating, investing, and financing activities (Cash Flow Statement) of a company.

Not exact matches

It's important to know the financial health of your business, which is why you need to understand the purposes of your different financial statements.
Pursuant to applicable accounting principles, for financial statement reporting purposes we have historically recorded salary and bonus payments to our senior Carlyle professionals, including our named executive officers, as distributions in respect of their equity ownership interests and not as compensation expense.
The forward - looking statements in this presentation are, unless otherwise indicated, stated as of the date hereof and are presented for the purpose of assisting investors and others in understanding our financial position and results of operations, our future operations, as well as our objectives and strategic priorities, and may not be appropriate for other purposes.
One form of measurement is U.S. generally accepted accounting principles, which have their purposes, one of which is to be included in publicly released financial statements.
When Bitcoins are exchanged in settlement of redemption, it is considered a sale of Bitcoins for financial statement purposes, with a gain or loss recognized currently.
The Trust's Bitcoins are valued, for financial statement purposes, at the lower of cost or market.
We have not performed any verification work or audited any of the information contained in the financial statements or other sources in respect of each club for the purpose of the publication.»
Nestlé told Al Jazeera in a written statement that it «does not give financial or material incentives to health professionals for the purpose of promoting infant formula,» and that they «comply with both the letter and the spirit of the World Health Organisation's International Code of Marketing of Breast - Milk Substitutes».
(e) The board shall establish the information needed in an application for the approval of a charter school; provided that the application shall include, but not be limited to, a description of: (i) the mission, purpose, innovation and specialized focus of the proposed charter school; (ii) the innovative methods to be used in the charter school and how they differ from the district or districts from which the charter school is expected to enroll students; (iii) the organization of the school by ages of students or grades to be taught, an estimate of the total enrollment of the school and the district or districts from which the school will enroll students; (iv) the method for admission to the charter school; (v) the educational program, instructional methodology and services to be offered to students, including research on how the proposed program may improve the academic performance of the subgroups listed in the recruitment and retention plan; (vi) the school's capacity to address the particular needs of limited English - proficient students, if applicable, to learn English and learn content matter, including the employment of staff that meets the criteria established by the department; (vii) how the school shall involve parents as partners in the education of their children; (viii) the school governance and bylaws; (ix) a proposed arrangement or contract with an organization that shall manage or operate the school, including any proposed or agreed upon payments to such organization; (x) the financial plan for the operation of the school; (xi) the provision of school facilities and pupil transportation; (xii) the number and qualifications of teachers and administrators to be employed; (xiii) procedures for evaluation and professional development for teachers and administrators; (xiv) a statement of equal educational opportunity which shall state that charter schools shall be open to all students, on a space available basis, and shall not discriminate on the basis of race, color, national origin, creed, sex, gender identity, ethnicity, sexual orientation, mental or physical disability, age, ancestry, athletic performance, special need, proficiency in the English language or academic achievement; (xv) a student recruitment and retention plan, including deliberate, specific strategies the school will use to ensure the provision of equal educational opportunity as stated in clause (xiv) and to attract, enroll and retain a student population that, when compared to students in similar grades in schools from which the charter school is expected to enroll students, contains a comparable academic and demographic profile; and (xvi) plans for disseminating successes and innovations of the charter school to other non-charter public schools.
As part of an ongoing study, Dalbar Canada, a leading financial services research firm, is gathering feedback from Canadian retail investors for the purpose of improving the content and design of financial investment statements (including RSP, pension, non-registered account statements, insurance etc) commonly used by Canadians.
NENG's most recent 10K specifically sets out that it is not party to any special - purpose or off balance sheet entities created for the purpose of raising capital, incurring debt or operating parts of its business that are not consolidated into its financial statements.
KPMG has audited the 2014 - 2016 IFRS - EU financial statements and reviewed the Q3 2017 financial information for Purcari Wineries for the purposes of the IPO.
You need to assess the financial statements of the company, personal expenses paid by the company, tax free shareholder loans that may be available, cash flow needs of the company and income splitting corrections that need to be made after separation to find the true income for child and spousal support purposes.
In addition, she submits that SFP's May 31, 2015 year - end financial statements indicate that SFP had pre-tax corporate income of over $ 1,300,000, half of which she says should be included in the respondent's guideline income for spousal support purposes.
(2) For the purposes of section 21 (3)(a) of the Act, the financial statement must contain the following information:
Before a covered entity could use or disclose protected health information of an individual pursuant to a request the covered entity made, we proposed to require the entity to obtain an authorization containing the minimum elements described above and the following additional elements: except for authorizations requested for clinical trials, a statement that the entity will not condition treatment or payment on the individual's authorization; a description of the purpose of the requested use or disclosure; a statement that the individual may inspect or copy the information to be used or disclosed and may refuse to sign the authorization; and, if the use or disclosure of the requested information will result in financial gain to the entity, a statement that such gain will result.
The provision shall further provide that a written statement by the liability insurer, whose name appears on the certification of financial responsibility made by the owner of any vehicle involved in an accident with the insured, that the other motor vehicle was not covered by insurance at the time of the accident with the insured shall operate as a prima facie presumption that the operator of the other motor vehicle was uninsured at the time of the accident with the insured for the purposes of recovery under this provision of the insured's liability insurance policy.
• Documented success in assembling information for the purpose of auditing and calculating and issuing financial analysis of all financial statements
Staff Accountant — Prime Broking Company (India) Ltd, Bombay INDIA 05/01-03 / 99 Responsibilities included preparation of financial statements and review of the general ledger for audit purpose.
Accountant — Goodman Services — Buffalo, NY — 9/2013 to Present • Manage accurate and timely payroll for 200 employees • Analyze accounts and expenditure reports to ensure proper balancing, and resolve and report discrepancies to the department supervisor • Introduce an updated ledger system to accelerate processing times by 10 percent • Observe and document all company expenses with detailed records of invoices, receipts, and other financial documentsAccountant — Foxworth & Trinston Finances — Buffalo, NY — 5/2009 to 9/2013 • Prepared tax returns and financial statements for auditing purposes • Monitored company cash flow on a daily basis and reported to the company president at the end of every week • Received Employee of the Year Award for recommending supplier consolidation that resulted in saving the company $ 1 million • Trained six new employees in company accounting policies and procedures as well as state and federal laws and restrictions to ensure high performance and the meeting of all deadlines
Analyzed financial statements of companies for annual review purposes and prospective deals
The accounting clerk will be responsible for the data input of accounts payable, research and investigate invoice discrepancies, assist the Controller in reconciling balance sheet accounts, perform analytics on income statement accounts, assist in preparing daily / weekly operational updates to management, assist in the preparation of internal monthly financial statements, assist the Controller with YE reporting for tax purposes and ad hoc projects from the Controller and CEO.
• Perform general and specific accounting calculations using 10 - key calculators and copy machines • Maintain and balance company books • Handle employee payroll services by calculating salaries and superannuation • Prepare periodic accounting reports and assure their correctness • Assure mathematical accuracy of all posted entries • Classify and summarize numerical and financial data for record maintenance purposes • Perform debit, credit and totaling activities on accounting systems and spreadsheets • Recognize and report discrepancies in accounting data and perform reconciliation duties • Monitor loan and advance statuses and prepare and deposit checks for payment of utility bills • Complete and submit tax forms on timely basis • Calculate and issue bills, invoices and account statements
Located, checked and pulled records for Authorized Service Centers, while keeping organized documentation for claims purposes Contacted customers regarding unpaid and overpaid accounts to resolve all discrepancies Prepared accurate financial statements including: invoicing, research discrepancies, maintained reconciliations, end - of - quarter documents and compiled financial reports and graphing tables for payment Answered and managed incoming and outgoing calls, while recording accurate messages Processed, packaged, and labeled all packages with Fed - Ex labels for the correct locations.
You will learn the nature, purpose and source of management information, the context and purpose of financial reporting, how to prepare financial statements, administration, general office skills and how to manage individuals and teams.
of management information, the context and purpose of financial reporting, how to prepare financial statements, administration, general office skills and how to manage individuals and teams.
Making the option decision so early is very subjective and seems to undermine the purpose of the rule change, which is to provide more transparency and reliability in financial statements.
The company's financial statements might show that, despite its growth potential, it is operating in the red because of a prohibition on income recognition for financial reporting purposes.
The Annual General Meeting is a membership meeting held for the purpose of electing or appointing directors, sharing of reports and financial statements, appointment of auditors, and to transact any business properly brought before the meeting.
(a) financial statement — for the purposes of section 2 - 11 [financial qualification for brokerages] of the rules, a financial statement in a form acceptable to the council and verified by
In December, we received net proceeds of $ 191.8 million in repayment of our mezzanine loans on 85 Tenth Avenue out of the property $ 625 million refinancing and we recognized a $ 160.8 million of income for financial statement purposes.
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