IA Securities and Financial Reporting

Securities and financial reporting

• Definition of Securities and financial reporting.
• The importance of financial reporting and application of accounting standards .
• The impact of non-application of standards accounting and financial reporting .

Financial reporting in USA .

• Relationship between the securities and financial reporting .
• Characteristics of financial reporting .
• Parties involved in standard-setting .

Securities:

Is an instrument of ownership of the company's position and called (shares) and this instrument represents a share owner in the company's assets and profits and estimated relative value and give him the right to vote and influence the company's decision

Financial reporting:

Is a diary containing financial information about the facility to assist decision makers in taking financial decisions, whether inside or outside the organization