Financial statements and Financial sustainability: Difference between pages

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imported>Doug Williamson
(Expand to incorporate broader definition.)
 
imported>Doug Williamson
(Add definition - source - linked pages.)
 
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''Accounting''.  
1.
 
Financial sustainability - traditionally defined - is achieved when an organisation is able to earn reliable financial surpluses and generate cash in the medium and longer-term.
 
Financial sustainability includes the ability to pay back borrowings over time, with interest, while maintaining necessary levels of internal investment.


1.


Commonly called 'the accounts'.  Under International Accounting Standards (IAS) a full set of 'financial statements' consists of the primary financial statements and the notes.  
It is generally important both to earn consistent profits, and consistent positive cash flows.


Financial statements show the financial position of the reporting entity at the end of the reporting period and its performance for the period under review.
And for the expectations for doing so in the future to be resilient to potential adverse conditions and events.




2.
2.


More broadly, any statement expressed in financial terms.  
In more recent usage, financial sustainability also has a broader meaning, overlapping with ''sustainable finance.''




== See also ==
== See also ==
* [[Accounts]]
* [[Adverse]]
* [[Audit]]
* [[Assurance]]
* [[Auditors’ report]]
* [[Bottom line]]
* [[Balance of payments]]
* [[Capital expenditure]]
* [[Balance sheet]]
* [[Cash flow]]
* [[Cash flow statement]]
* [[Credit rating agency]]
* [[Disclosure]]
* [[Free cash flow]]
* [[Event after the balance sheet date]]
* [[Profit]]
* [[Financial analysis]]
* [[Resilience]]
* [[Generally accepted accounting principles]]
* [[Risk management]]
* [[IAS]]
* [[Sustainability]]
* [[Income statement]]
* [[Sustainable ]]
* [[Notes]]
* [[Sustainable finance]]
* [[Profit and Loss account]]
* [[Triple bottom line]]
* [[Statement of cash flows]]
* [[CertICM]]
* [[Statement of changes in equity]]
* [[Statement of comprehensive income]]
* [[Statement of financial position]]
* [[Summary financial statements]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Revision as of 17:16, 30 July 2022

1.

Financial sustainability - traditionally defined - is achieved when an organisation is able to earn reliable financial surpluses and generate cash in the medium and longer-term.

Financial sustainability includes the ability to pay back borrowings over time, with interest, while maintaining necessary levels of internal investment.


It is generally important both to earn consistent profits, and consistent positive cash flows.

And for the expectations for doing so in the future to be resilient to potential adverse conditions and events.


2.

In more recent usage, financial sustainability also has a broader meaning, overlapping with sustainable finance.


See also

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