This presentation is about corporate financial reporting and it covers the following topics under it : - Meaning - Objectives - Purpose - Advantages - Meaning of Annual Report - Content of Annual Report

1. COPORATE FINANCIAL
REPORTING
PRESENTED BY:
NEHA SHARMA (49) 1

2. Topics to be Covered
Meaning of Corporate Financial Reporting
Objectives
Purpose
Advantages
Meaning of Annual Report
Contents of Annual Report
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3. Corporate Financial
Reporting
• Financial Reporting involves the disclosure of
financial information to the various stakeholders
about the financial performance and financial
position of the organization over a specified period
of time.
• These stakeholders include – investors, creditors,
public, debt providers, governments & government
agencies.
• In case of listed companies the frequency of
financial reporting is quarterly & annual.
• It is primarily an accounting function.
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4. Objectives of Corporate
Financial Reporting
• According to International Accounting Standard
Board (IASB), the objective of corporate
financial reporting is “to provide information
about the financial position, performance and
changes in financial position of an enterprise
that is useful to a wide range of users in making
economic decisions.”
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5. The objectives of corporate financial reporting is as
follows ;
 to provide information to
• management of an organization
• investors, promoters, debt provider and creditors
• to shareholders & public
• the statutory auditors
• various stakeholders
Providing information about the economic resources
of an organization
Providing information as to how an organization is
procuring & using various resources.
Enhancing social welfare.
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6. Purpose of Corporate
Financial Reporting
Provide Financial Information
Accountability
Decision making
Promote / Marketing the Company
Achievements highlighted 6

7. Financial Reporting Involves
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8. Advantage of Corporate
Financial Reporting
prospective
economic
decisions
information of
financial
position
presenting
information
lure new
investors
disclosing
information
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9. Annual Report
• Annual report is a comprehensive report on a
company's activities throughout the preceding year.
• Most jurisdictions require companies to prepare
and disclose annual reports, and many require the
annual report to be filed at the company's registry.
• Companies listed on a stock exchange are also
required to report at more frequent intervals
(depending upon the rules of the stock exchange
involved.)
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10. Contents of Annual Report
• Director’s report
• Profit and loss account
• Balance sheet
• Cash flow statement
• Auditor's report
• Chairman’s Speech
• Corporate Governance
• Accounting Policies
• Minutes from annual general meeting
• Consolidated accounts
• Board of Directors 10

11. Bibliography
https://www.edupristine.com/blog/financial-
reporting
https://en.wikipedia.org/wiki/Financial_reporting
http://www.icaiknowledgegateway.org/littledms/fol
der1/chapter-3-corporate-financial-reporting.pdf
https://searcherp.techtarget.com/definition/financi
al-reporting
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