What is Financial reporting? | Definition, Types, Benefits of Financial reporting
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What is Financial reporting? | Definition, Types, Benefits of Financial reporting
In this video, you are going to learn " What is Financial reporting?" Financial reports serve as a communication tool that provides stakeholders, such as investors, lenders, employees, and regulatory authorities, with an understanding of the company’s financial health. They offer a snapshot of the organization’s financial performance, its ...
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Replying to @Inkkittenz many companies or industries believe that someone’s credit history provide insight into their trustworthiness, reliability, and responsibility. And that checking credit can help them minimize risk of fraud, theft, or mistakes. If a company has an employee that commits fraud, steals, mishandles funds, makes poor decisions, or serious mistakes, the company will often need to demonstrate they did their due diligence is assessing that employee when they were hired. Imagine ho
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