Financial model and Financial reporting: Difference between pages
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1. | |||
Financial reporting is traditionally external. | |||
It is concerned with collating and providing information to external stakeholders, the financial markets and the public. | |||
Financial reporting is also known as financial accounting. | |||
2. | |||
The term 'financial reporting' is also used by some organisations in a broader sense, to include internal reporting (as well as external). | |||
== See also == | == See also == | ||
* [[ | * [[Closing exchange rate]] | ||
* [[Financial accounting]] | |||
* [[FP&A]] | |||
* [[Management accounting]] | |||
* [[Financial]] | * [[Stakeholder]] | ||
* [[ | |||
* [[ | |||
* [[ | |||
Revision as of 09:08, 21 May 2017
1.
Financial reporting is traditionally external.
It is concerned with collating and providing information to external stakeholders, the financial markets and the public.
Financial reporting is also known as financial accounting.
2.
The term 'financial reporting' is also used by some organisations in a broader sense, to include internal reporting (as well as external).