Posted on 10th Jul 2018
In any industry, whether manufacturing or service, we have multiple departments, which function day in day out to achieve organizational goals. The functioning of these departments may or may not be interdependent, but at the end of day they are linked together by one common thread – Accounting & Finance department.
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. In case of listed companies the frequency of financial reporting is quarterly & annual.
Talking about financial reporting tools we can't neglect the importance of FINANCIANA.
FINANCIANA generates a complete RTF parameterizable report to analyze the performance and the financial soundness of a company. Financial statement based analysis software for both equity valuation and credit risk rating purposes. Our offering consists of multifunctional credit risk analysis software for credit risk professionals and financial statement analysis purposes, equity research and stock analysis software including tailored MS Office research templates, and multiple other customizable financial tools for company valuation and analysis.
So we can conclude from the above points that financial reporting is very important from various stakeholders point of view. At times for large organizations it becomes very complex but the benefits are far more than such complexities. So give a try to FINANCIANA the easiest way and the most benefic to generate your financial report.
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