Analyst Questions

Financial Reporting involves the disclosure of financial information to the various stakeholders about the financial performance and financial position of the organization over a specified period of time. These stakeholders include – investors, creditors, public, debt providers, governments & government agencies.

Financial Reporting is very important and critical task of an organization. It is vital part of Corporate Governance.

The objectives & purposes of financial reporting :–

* Providing information to management of an organization which is used for the purpose of planning, analysis, benchmarking and decision making.

* Providing information to investors, promoters, debt provider and creditors which is used to enable them to male rational and prudent decisions regarding investment, credit etc.

* Providing information to shareholders & public at large in case of listed companies about various aspects of an organization.

* Providing information about the economic resources of an organization, claims to those resources (liabilities & owner’s equity) and how these resources and claims have undergone change over a period of time.

* Providing information as to how an organization is procuring & using various resources.

* Providing information to various stakeholders regarding performance management of an organization as to how diligently & ethically they are discharging their fiduciary duties & responsibilities.

* Providing information to the statutory auditors which in turn facilitates audit.

* Enhancing social welfare by looking into the interest of employees, trade union & Government.

Shillong is the capital city of Meghalaya state in India. It is well known tourist place as a hill station in northeast India which attracts tourists all over the world.

The building blocks of the nucleic acids are "Nucleotides".

Each nucleotide are composed of three parts. They are ::

1.Pentose sugar

2.Nitrogenous bases

3.Phosphoric acid.

About 71% of the earth's surface is covered with water. In that 71% only 4% of water is a fresh water.

The main causes for the boat accidents are ::

1. Excessive speed

2. Machinery failure

3. Operator inexperience

4. Alcohol use

5. Operator inattention

6. Lack of proper look-out

7. Careless/reckless behavior and hull failure

8. Hazardous waters

and some more...

If the price of a product rises, the demand for the substitute product increases.