Organisation and Prospective financial information: Difference between pages

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A body consisting of more than one individual, united for the achievement of a business or administrative purpose.
''Financial reporting and regulation.''


Types of business organisations include commercial companies and partnerships formed for the purpose of making profits.
(PFI).


Types of non-profit making organisations include local governments and charities.
For regulatory purposes, the definition of PFI includes the forward-looking equivalent of any financial information that might subsequently be prepared as historical reported information, particularly in relation to profits.
 
However, PFI is not limited to any specific reports or formats.
 
Nor is PFI limited to information about profits, even though profits are the focus of many regulatory requirements.




== See also ==
== See also ==
* [[Company]]
* [[Financial]]
* [[Partnership]]
*[[Financial reporting]]
* [[Matrix organisation]]
*[[Regulation]]
 
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 22:45, 11 March 2023

Financial reporting and regulation.

(PFI).

For regulatory purposes, the definition of PFI includes the forward-looking equivalent of any financial information that might subsequently be prepared as historical reported information, particularly in relation to profits.

However, PFI is not limited to any specific reports or formats.

Nor is PFI limited to information about profits, even though profits are the focus of many regulatory requirements.


See also