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Vanyuwa [196]
1 year ago
12

Tracing transactions through the information system relevant to financial reporting. inquiring of entity personnel. assessing in

herent risk. inspecting documents and reports
Business
1 answer:
borishaifa [10]1 year ago
4 0

Tracing transactions through the information system relevant to financial reporting.

Financial reporting is the process of documenting and speaking monetary activities and performance over particular time intervals, usually on a quarterly or every year basis. corporations use monetary reports to prepare accounting data and document on contemporary economic status.

Financial reporting includes the subsequent: external economic statements (earnings announcement, statement of comprehensive earnings, balance sheet, declaration of coins flows, and declaration of stockholders' equity) The notes to the financial statements.

Financial reporting is crucial for management to make informed business decisions primarily based on information of the company's financial health. potential investors and banks may also use your enterprise's financial reporting to decide if they need to make investments or loan you money.

Learn more about Financial reporting here: brainly.com/question/28065899

#SPJ4

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The correct option is Increase and Decrease respectively

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Anish kapoor's to reflect an intimate part of the red represents:
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The best answer to both the flatness and horizon problems is Group of answer choices dark energy. the inflationary epoch. decoup
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2 years ago
The SCOR model looks at a firm’s supply chain activities in three levels of increasing detail. Level 1 views SCM activities as
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Source processes

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Supply chain operations reference (SCOR):  It is a strategic planning tool that helps in identifying, improving and communicating supply chain management decisions within the company. It is a continuous improvement process and establishing a benchmark for the industry. It also works to develop a business process for satisfying customer´s demand. SCOR is based on five management process:

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