Directors' responsibilities statement and Price: Difference between pages

Revision as of 14:36, 11 May 2016

An amount of money given or proposed in relation to a transaction, for example a financial transaction.

Usually, but not necessarily, quoted on the conventional basis for the market in question.

Market prices include foreign exchange rates.

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-''Financial reporting''.
+An amount of money given or proposed in relation to a transaction, for example a financial transaction.
-A directors' responsibilities statement is part of an Annual Report that sets out the directors' responsibilities in relation to:
+Usually, but not necessarily, quoted on the conventional basis for the market in question.
-* Preparing financial statements in accordance with relevant laws and regulation;
-* Safeguarding the assets of the company, including preventing and detecting fraud; and
-* Keeping adequate accounting records.
-The purposes of the statement include clarifying the boundary between, and respective responsbilities of, the auditors and the directors.
+Market prices include foreign exchange rates.
-It is normally included in the Directors' report.
-It is known more formally as the 'Statement of directors' responsibilities in respect of the financial statements'.
 == See also ==
-* [[Annual report]]
-* [[Auditors’ report]]
-* [[Director]]
-* [[Directors report]]
-* [[Financial reporting]]
-*[[Strategic Report]]
-[[Category:Accounting,_tax_and_regulation]]
+*[[Bid-offer price]]
-[[Category:The_business_context]]
+*[[Market price]]
+*[[Market value]]
+*[[Rate]]
+*[[Value]]
+*[[Yield]]