CA Final New Financial Reporting (FR) By CA Santosh Mehra
Santosh Mehra Classes
About – CA Final Financial Reporting
The practice of documenting and discussing financial operations and results over defined time periods, usually quarterly or yearly, is known as financial reporting.
Financial reports are used by businesses to compile accounting data and report on their current financial situation.
CA is the most difficult subject to master. Financial Reporting is the first subject in which students can easily earn good grades by working hard.
Many financial data are available to the public and are useful for estimating future profitability, industry position, and growth.
There are several primary statements to use when Financial Reporting data and the information you include in these documents serve several key financial reporting objectives:
Tracking cash flow Evaluating assets and liabilities
Analyzing shareholder equity
Understanding The Importance of Financial Reporting Without financial reporting, it’s difficult to understand how well a company is performing from a financial standpoint.
Not only are financial reports crucial for management or investors to assess a business’s financial stability, but they are required by law for taxes and standard accounting practices.
About CA Santosh Mehra teacher of CA Final Financial Reporting
CA Final Faculty (CA Santosh Mehra)
CA Santosh Mehra is a practicing Chartered Accountant and worked with various listed companies in transition to IND AS.
He holds a Diploma in IFRS (ACCA-UK) & is also Certified in IND AS (ICAI).
With over 10 years of experience in the field of training, he successfully helped more than 10000 students in their journey to becoming a CA.
He stands out from the rest with live industry examples and illustrative learning.
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