Top Tweets for #Financial_Reporting
Please explain to me like a child what irredeemable preference share is in group account and how you calculate🥲🥲🥲
#Account #Groupaccount #Financial_Reporting
#Business_intelligence (BI) is a #powerful tool that CFOs can use to gain insights into their finance department's #performance, identify trends, and make informed decisions. Some ways #CFOs can use #BI on their #finance_department:
#Financial_Reporting and #Analysis: #CFO can use #BI to access financial #reports and #dashboards to monitor key #financial_metrics such as #revenue, #expenses, #profit margins, #cash_flow, and return on #investment. BI tools can help CFOs to drill down into the data to identify the underlying factors that are driving these financial metrics.
#Forecasting and #Planning: BI can help CFOs to create #financial_models to forecast #future revenue and expenses, plan #budgets, and make #strategic #decisions. CFOs can use BI to #analyze historical data to identify trends, patterns, and correlations that can inform their financial projections.
#Risk_Management: CFOs can use BI to identify and manage #financial_risks such as #fraud, #compliance #violations, and operational inefficiencies. BI tools can help CFOs to monitor key #risk indicators and detect anomalies in financial #transactions.
#Performance_Management: CFOs can use BI to measure the #performance of their #finance department and identify areas for improvement. BI tools can help CFOs to track key performance indicators such as revenue per #employee, #cost per transaction, and customer #satisfaction.
#Compliance and #Regulatory Reporting: CFOs can use BI to ensure compliance with financial regulations and reporting #requirements. BI tools can help CFOs to generate accurate financial reports and comply with regulatory requirements such as #IFRS #SOCPA.
Overall, BI can help CFOs to improve their finance department's performance, optimize financial #processes, and make data-driven decisions. By #leveraging BI tools, CFOs can gain a #competitive_advantage and drive business #success.
📢The 2023 #FARSIG Virtual Symposium on 'the future of #financial_reporting' will take place on 13 Jan 2023 and focus on the hot topic of #accounting for #intangible_assets
🏁organised by @DBaboukardos FARSIG-BAFA and @ACCA_UK
📌Register here: https://t.co/sSPA4No8Lj
Self believe kills Depreciation*
*Sorry Depression ❤️😅
#CA #Aspirant #CA_Student
#Financial_Reporting #Depression #depreciation 😅🤣
IAS 1- Presentation of Financial Statements.
● Income Statement
● Statement of Financial Position
● Cashflow Statement
● Statement of Equity
#Financial_Reporting.
IAS 38- Intangible Assets.
● Assets have indefinite life.
● Example of Intangible Assets are Goodwill, Brands and Future Benefits.
● Amortization Costs come from Intangible Assets.
#Financial_Reporting.
IAS 21- The Effect of Exchange in Foreign Exchange Rates.
● Monetary Assets and Liabilities should be translated at Closing rates.
● Recorded to Comprehensive Income Statement.
#Financial_Reporting.
IAS 20- Accounting for Government Grants and Disclosures of Government Assistance.
● Recognized as Income
● Should comply with the Conditions of the grant.
#Financial_Reporting.
IAS 23- Borrowing Costs.
● Borrowing Costs are recognized as Expenses.
● Costs attributed to the Acquisition, Production or Construction of a qualified asset, Should be Capitalized.
#Financial_Reporting.
IAS 40- Investment Property held on a finance lease to earn Rental or Capital.
#Financial_Reporting.
IFRS 10 - Consolidated Financial Statements.
● The investor control the investee if and only when the investor has the ability to use its power over investee.
#Financial_Reporting
Are you writing the upcoming December 2020 ICAN diet and you need help in Financial reporting?. This is for you!
#ICAN #Financial_Reporting
#Financial_Reporting and the Definition of Advisory
https://t.co/jSVdBHe1wn
#financial #finance #financialfreedom #financialgoals #financialadvisor #financialplanning #financialeducation #financialservices
4 Key Risk Areas for #Accounting & #Financial_Reporting in 2020
https://t.co/AesIr95VWu
#investing #investment #financialfreedom #stockmarket #invest #forex
#accounting #cryptocurrency
How the coronavirus may affect financial reporting and auditing
https://t.co/chb95ubVYM
#coronavirus #financial_reporting #auditing #AICPA #CPA
Test & Try this Video on #Financial_Reporting on #USCPA Course, If interested Join our #Online_CPA_Training
New Batch Starts at 25th-Feb-2020
Video Link: https://t.co/v1dwqDXJiN
Register Now: https://t.co/xIVsnvFRQh
Controllers feel pressure to cook the books: A new survey finds 10 percent of controllers feel misrepresenting their company's performance is a regular part of their job. https://t.co/KkTsLwomdy #Accounting_fraud #Financial_reporting via @accountingtoday
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