In this article we will discuss about:- 1. Introduction to Interim Reporting 2. Minimum Disclosures in Interim Reports 3. Segment Information in Interim Reports. Introduction to Interim Reporting: To give investors and creditors more timely information than an annual report provides, companies show financial information for periods of less than one year. The SEC requires publicly traded companies in the [...]
In this article we will discuss about Interim Reporting:- 1. Need for Interim Reporting 2. SEBI'S Guidelines on Interim Reporting 3. Problems 4. Interim Reporting Practices in India. Need for Interim Reporting: In a dynamic business environment, with the increased scope and complexity of business enterprises, annual data are insufficient to evaluate developments in general economic, industry, and company activities [...]
In this article we will discuss about the guidelines and suggestions for improving interim reports. Guidelines for Improving Interim Reports: The primary purposes of interim reports are to help the users in prediction of results for the current year. Although interim reporting involves important accounting problems, its need and significance is now being felt by the investors and other users [...]