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.

One turn of the citric acid cycle produces

1. Two molecules of carbon dioxide are released.

2. One molecule of ATP or GTP is produced.

3. Tree molecules of NADH and one molecule of FADH2 are generated.

The capital of India shift from Kolkata to New Delhi in the year 1911.

The first municipal corporation was set up in India in the year 1687 at Madras, preceding the Bombay and Delhi municipal corporations.

MS Dhoni, the skipper of CSK - Chennai Super Kings team in IPL Indian Premier League has become the first-ever captain to win 100 matches in IPL history.

Globalization has the largest effect on the economies. Globalisation is the process of interaction and integration between people, companies, and governments worldwide.

The right to privacy is alluded to in the Fourth Amendment to the US Constitution, which states that element of various legal traditions to restrain governmental and private actions that threaten the privacy of individuals..

No one shall be subjected to arbitrary interference with his privacy, family, home or correspondence, nor to attacks upon his honor and reputation. Everyone has the right to the protection of the law against such interference or attacks.