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Understanding Financial, Managerial, and Regulatory Accounting and Reporting Concepts

Understanding Financial, Managerial, and Regulatory Accounting and Reporting Concepts

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Published by Nigel A.L. Brooks
Every enterprise has to file regulatory reports with both Federal and state agencies. Managerial reports are necessary for internal control and decision making, and financial reports are necessary for investors and creditors such as financial institutions. Financial, managerial, and regulatory reports should be reconciled to ensure that the differences between information reported externally and internally, and vice versa, are fully understood.
Every enterprise has to file regulatory reports with both Federal and state agencies. Managerial reports are necessary for internal control and decision making, and financial reports are necessary for investors and creditors such as financial institutions. Financial, managerial, and regulatory reports should be reconciled to ensure that the differences between information reported externally and internally, and vice versa, are fully understood.

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Categories:Types, Business/Law
Published by: Nigel A.L. Brooks on May 16, 2010
Copyright:Traditional Copyright: All rights reserved

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07/06/2014

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WMEGS_UKMENMH @NMKMONKI) DKMKHGSNKI)KME SGHWIKUAS^ KOOAWMUNMHKME SGZASUNMH OAMOGZU_
MNHGI K-I- CSAAF_ULG CW_NMG__ IGKEGS_LNZ EGPGIAZDGMU OASZASKUNAMKsunoig sgzsnmu
 
WMEGS_UKMENMH @NMKMONKI) DKMKHGSNKI) KMESGHWIKUAS^ KOOAWMUNMH KME SGZASUNMH OAMOGZU_
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Dkmkhgdgmu dwu dgkwsg caul `nmkmonki kme mam$`nmkmonki zgs`asdkmogxnulnm kme kosa ulg pksnaw gmunung ulku dkfg wz km gmugszsng amxlkugpgs olgewig n mgogks~ ua oamewou cwnmg- Ulg sgzasu ulku ksg zsgzksge `as nmugsmki wg lawie cg kpknikcig am k #mgge ua fmax# ckn-Nmenokuas `as `nmkmonki zgs`asdkmog dgkwsgdgmu nmoiweg sgpgmwg) oaukme g|zgmg) zsa`nu) okl `iax) kme sguwsm am nmpgudgmu- @nmkmonkidgkwsgdgmu ksg ckge wzam skug) {wkmunung a` nmzwu) paiwdg a` awuzwu)kme khnmh- @nmkmonki zgs`asdkmog dwu cg gpkiwkuge nm ugsd a` mam$`nmkmonki dgkwsg) wol k dksfgu lksg kme zgmguskunam) zsaewou wkhg)gdzia~gg kme owuadgs kun`kounam) {wkinu~) undg$ua$dksfgu) o~oig undg)kme kgu wuninrkunam- K nm`asdkunam ~ugd cgoadg dasg sgki$undgasngmuge) adg sgzasu dk~ cg kpknikcig am egdkme-Dkmkhgdgmu dwu kia sgzasu `nmkmonki oamenunam kme zgs`asdkmog uag|ugsmki nmpguas kme ogsuknm osgenuas wol k `nmkmonki nmunuwunam) kmeua ulg _GO kme aulgs sghwikuas xlgm kzzinokcig) ulku ksg nm oam`asdnu~xnul Hgmgskii~ Koogzuge Kooawmunmh Zsnmonzig ,HKKZ.- Ulgg sgzasuksg zsgzksge kooasenmh ua ukmekse `as xlnol ulg `nmkmonki oamenunam kme zgs`asdkmog a` ulg gmugszsng okm cg dgkwsge khknmu aulgs am koamnugmu ckn- Ulgg sgzasu nmoiweg `nmkmonki ukugdgmu a` okl `iax)nmoadg) kme oamenunam ,ckikmog lggu.- Ulg kooadzkm~nmh maug ksg kmnmughski zksu a` ulg `nmkmonki ukugdgmu) kme oamuknm nugd wol koaddnudgmu kme oamunmhgmong ulku dk~ lkpg k nhmn`nokmu ndzkou am ulg`wuwsg `nmkmonki oamenunam a` ulg gmugszsng- Dkmkhgdgmu dwu cg okwunawkcawu ulg wg a` mam$HKKZ dgkwsg nm g|ugsmki `nmkmonki ukugdgmu-Laxgpgs) ulgsg dk~ cg sksg onsowdukmog xlgsg nu n mgogks~ ua egzksu`sad HKKZ n` k dkugsnki dnukugdgmu xawie aulgsxng aoows- Nm wolokg) ulg okwg kme g``gou dwu cg enoiage- Gundkug kme bwehdgmudwu cg wge am k oamnugmu ckn-Nm ulg Wmnuge _ukug) HKKZ n nm`iwgmoge c~ ulg _GO) ulg HapgsmdgmuKooawmunmh _ukmekse Cakse) ulg @nmkmonki Kooawmunmh _ukmekse Cakse)kme ulg Kdgsnokm Nmunuwug a` Ogsun`nge Zwcino Kooawmukmu- Aulgs oawmusng lkpg ulgns axm g{wnpkigmu a` HKKZ- Ulg NmugsmkunamkiKooawmunmh _ukmekse Cakse egpgiaz nmugsmkunamki `nmkmonki sgzasunmhukmekse-Nm ulg negki xasie) `nmkmonki) dkmkhgsnki) kme sghwikuas~ sgzasu xawie cg zsgzksge `sad k gu a` kooawmu nm k nmhig ekukckg- Nm sgkinu~) uln dk~mau cg zskounoki cgokwg a` indnukunam nm kooawmunmh zsaogg kme~ugd- Laxgpgs) xlgmgpgs sgzasu ksg zsgzksge) sghkseig a` awsog)ulg~ dwu cg sgoamonikcig) kme ulg en``gsgmog dwu cg wmegsuaae-?

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