BSBFIA 412 Report On Financial Activity

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Short introduction of the course:

Financial reports make available a number of important financial information that supports venture capitalist, creditors as well as market analyst calculate a company's economic performance. Sufficiently of the financial info in financial reported in essential by law or elseas a result of accounting standard practices.

Financial reporting supports super vision lead into the past achievements as well as future prospects of the business. Here are a small number of reasons why financial reporting is important to your corporate:

• Tax purposes
• Showing financial condition
• Evaluating operations
• Examining cash flow
• Sharing shareholder equity
• Decision-making, planning as well as forecasting
• Mitigate errors

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