Financial performance is assessed by giving a summary of how the business incurs its revenues and expenses through both operating and non-operating activities. Income Statement - a financial statement that measures a company's financial performance over a specific accounting period. Breaks the analysis down according to operating, investing, and financing activities. Statement of Cash Flows - a financial statement that shows how changes in balance sheet accounts and income affect cash. The balance sheet must follow the following formula: Assets = Liabilities + Shareholders' Equity Responsibility for global cash at subsidiaries, oversees all company financial investments, maintains corporate cards, all corporate insurance policies and associate benefit plans.
These three balance sheet segments give investors an idea as to what the company owns and owes, as well as the amount invested by the shareholders. International Financial Reporting Standards (IFRS) are designed as a common global language for business affairs so that company accounts are understandable and comparable across international boundaries Balance Sheet - a financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time.
Generally Accepted Accounting Principles (GAAP) are a widely accepted set of rules, conventions, standards, and procedures for reporting financial information, as established by the Financial Accounting Standards Board. Prepares ad-hoc financial analysis and investment analysis for projects the Company wishes to undertake to determine the return on investment. Financial Planning & Analysis Complete oversight for a company’s budgeting process.
Oversees and maintains the company’s time & attendance program. Transcript: ASSETS Cash & Investments Accounts Receivable Inventories Prepaid Expenses Fixed Assets & Accumulated Depreciation Intangibles Long-Term Investments LIABILITIES & SHAREHOLDER'S EQUITY Accounts Payable Accrued Expenses Current Income Taxes Payable Long Term Debt Deferred Income Taxes Preferred/Common Stock Additional Paid-In Capital Retained Earnings & Foreign Currency Translations Oversight for payroll administration, payroll taxes, garnishments, benefits withholding, 401k maintenance, profit sharing calculation.
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