Financial reporting and International bond: Difference between pages

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Financial reporting is traditionally external.
Formerly (and still commonly) known as a Eurobond.


It is concerned with collating and providing information to external stakeholders, the financial markets and the public.
An offshore bond, normally issued in a Eurocurrency, in the international capital markets.


Contrasted with management accounting, which provides information for internal stakeholders.
Maturities at issue are normally greater than one year.


They are usually - but not always - in bearer form.


2.  
They can be issued on any interest basis.


The term 'financial reporting' is also used by some organisations in a broader sense, to include internal reporting (as well as external).


2.


Financial reporting is also known as ''financial accounting''.
Any bond issued outside the country of domicile of the issuer.
 


:<span style="color:#4B0082">'''''The objective of financial reporting (IFRS)'''''</span>


:The users of financial information need to assess:
3.


:*Prospects for future net cash inflows to the reporting entity; and
The term is also sometimes used (incorrectly) to refer to a global bond.
:*Management's stewardship of the entity's economic resources.
 
 
:Accordingly, financial reporting seeks to provide information about:
 
:*The entity's economic resources (assets), claims against the entity (liabilities) and changes in those resources and claims; and
:*How efficiently and effectively management has discharged its responsibilities to use the entity's economic resources.




== See also ==
== See also ==
* [[Accounts]]
* [[Domestic bond]]
* [[Assets]]
* [[Eurobond]]
* [[Closing exchange rate]]
* [[Eurocurrency]]
* [[Conceptual framework]]
* [[Foreign bond]]
* [[Credit]]
* [[Global bond]]
* [[Entity]]
* [[Equity]]
* [[Finance]]
* [[Financial accounting]]
* [[Fiscal]]
* [[FP&A]]
* [[International Financial Reporting Standards]] (IFRS)
* [[Liabilities]]
* [[Management accounting]]
* [[Management efficiency ratio]]
* [[Primary statements]]
* [[Stakeholder]]
* [[Stewardship]]
* [[Useful financial information]]
 
[[Category:Accounting,_tax_and_regulation]]

Revision as of 14:24, 22 August 2013

1.

Formerly (and still commonly) known as a Eurobond.

An offshore bond, normally issued in a Eurocurrency, in the international capital markets.

Maturities at issue are normally greater than one year.

They are usually - but not always - in bearer form.

They can be issued on any interest basis.


2.

Any bond issued outside the country of domicile of the issuer.


3.

The term is also sometimes used (incorrectly) to refer to a global bond.


See also

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