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Financial aspects of business and non-financial forcasts.

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Can anyone talk about the statements used to discuss financial aspects of a business? How are they used in a strategic plan?

Can anyone provide a list of non-financial forecasts?

Please provide references if possible.

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Response discusses the Financial aspects of business and non-financial forcasts.

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Financial aspects of business and non-financial forecasts.

Can anyone talk about the statements used to discuss financial aspects of a business? How are they used in a strategic plan?

Financial Statements is designed primarily to assist stakeholders in deciding where to place their scarce investment resources. It is also used to help management to know the performance of organization. Financial statements involve preparation of four statements. Accountants summarize this information in a balance sheet, income statement, statement of stockholder's equity and statement of cash flows. Balance sheet provides the complete picture of the organization as on a particular date. It tells about the Assets and Liabilities of the organization. Balance sheet is designed primarily to assist stakeholders in deciding where to place their scarce investment ...

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