Financial Reporting
From Open Risk Manual
Revision as of 12:45, 6 September 2021 by Wiki admin (talk | contribs) (Created page with "== Definition == '''Financial Reporting''' is the provision (Disclosure) of financial information produced by Financial Accounting activities of a reporting entity. Th...")
Definition
Financial Reporting is the provision (Disclosure) of financial information produced by Financial Accounting activities of a reporting entity. The purpose of that Reporting is to provide useful (e.g., actionable) information to existing and potential investors, lenders and/or other creditors and stakeholders of the organization.
