Corporate financial reporting involves creating financial statements such as the income statement, balance sheet, and cash flow statement to show a company's financial position and highlight important financial data. It also explains the company's financial policies. The objectives of financial reporting are to provide useful information to management, investors, and other stakeholders for decision making by detailing a company's financial performance, position, and cash flows.

2. Corporate financial reporting is not only to show the financial
statements of corporate but it includes to highlight important financial
data and to show the application of financial policy.
INTRODUCTION
 A good financial reporting will show financial position of company.
 Company can save from hidden losses if its accountant highlights
critical points in it.
 In this way it is helpful tool to investors for better decision making.

3. Corporate financial reporting is the system of making corporate financial
reports. These financial reports are:
 INCOME STATEMENT
 BALANCESHEET
 CASHFLOW STATEMENT
 STATEMENT OF RETAINED EARNING
 FINANCIAL POLICIES EXPLANATION
It can be shown :
• At the end of the month
• At the end of each quarter
• At the and of year
MEANING

4. According to . The
objectives of Financial Reporting is to provide information about the
financial position, performance & changes in financial position of an
enterprise that is useful to a wide range of making economic decisions.
The following are the objectives and purpose of financial Reporting:
 Providing information to the management
 Providing information to the investors
 Providing information to various stakeholders
 Providing information about economic resources
 Enhancing social welfare
OBJECTIVES