An annual report is a comprehensive report on a company's activities throughout the preceding year. Annual reports are intended to give shareholders and other interested people information about the company's activities and financial performance.
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One of the most important resources of reliable and audited financial data is the annual report, which contains the firm's financial statements. The three major financial statement reports are the income statement, balance sheet and statement of cash flows.
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Accounting Cycle - Accounting Analysis - Financial AccountingFaHaD .H. NooR
What is the accounting cycle?
The accounting cycle is often described as a process that includes the following steps: identifying, collecting and analyzing documents and transactions, recording the transactions in journals, posting the journalized amounts to accounts in the general and subsidiary ledgers, preparing an unadjusted trial balance, perhaps preparing a worksheet, determining and recording adjusting entries, preparing an adjusted trial balance, preparing the financial statements, recording and posting closing entries, preparing a post-closing trial balance, and perhaps recording reversing entries.
Cycle and steps seem to be a carryover from the days of manual bookkeeping and accounting when transactions were first written into journals. In a separate step the amounts in the journal were posted to accounts. At the end of each month, the remaining steps had to take place in order to get the monthly, manually-prepared financial statements.
Today, most companies use accounting software that processes many of these steps simultaneously. The speed and accuracy of the software reduces the accountant's need for a worksheet containing the unadjusted trial balance, adjusting entries, and the adjusted trial balance. The accountant can enter the adjusting entries into the software and can obtain the complete financial statements by simply selecting the reports from a menu. After reviewing the financial statements, the accountant can make additional adjustments and almost immediately obtain the revised reports. The software will also prepare, record, and post the closing entries
One of the most important resources of reliable and audited financial data is the annual report, which contains the firm's financial statements. The three major financial statement reports are the income statement, balance sheet and statement of cash flows.
For more detail visit: http://www.ndimdelhi.org/
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Accounting Cycle - Accounting Analysis - Financial AccountingFaHaD .H. NooR
What is the accounting cycle?
The accounting cycle is often described as a process that includes the following steps: identifying, collecting and analyzing documents and transactions, recording the transactions in journals, posting the journalized amounts to accounts in the general and subsidiary ledgers, preparing an unadjusted trial balance, perhaps preparing a worksheet, determining and recording adjusting entries, preparing an adjusted trial balance, preparing the financial statements, recording and posting closing entries, preparing a post-closing trial balance, and perhaps recording reversing entries.
Cycle and steps seem to be a carryover from the days of manual bookkeeping and accounting when transactions were first written into journals. In a separate step the amounts in the journal were posted to accounts. At the end of each month, the remaining steps had to take place in order to get the monthly, manually-prepared financial statements.
Today, most companies use accounting software that processes many of these steps simultaneously. The speed and accuracy of the software reduces the accountant's need for a worksheet containing the unadjusted trial balance, adjusting entries, and the adjusted trial balance. The accountant can enter the adjusting entries into the software and can obtain the complete financial statements by simply selecting the reports from a menu. After reviewing the financial statements, the accountant can make additional adjustments and almost immediately obtain the revised reports. The software will also prepare, record, and post the closing entries
This is to certify that the main project report entitled A Study on “FINANCIAL
ANALYSIS” with reference to NAGA HANUMAN SOLVENT OIL, PVT.LYD, BHIMADOL.”
submitted to Jawaharlal Nehru University in partial fulfillment of the requirement for the award
of the degree of Master of Business Administration (MBA), is a original work carried out by me
and that it has not been submitted to any other university/institute for the award of any degree or
diploma.
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Leaders have a unique ability to rally employees around a vision. Because their belief in the vision is so strong, employees will naturally want to follow them. Leaders also tend to be willing to take risks in pursuit of the vision.
Managers, on the other hand, are more adept at executing the vision in a very systemic way and directing employees on how to do so. They can see all of the intricate moving parts and understand how to make them harmonize. Managers are usually very risk-adverse.
Leaders are risk takers, managers are risk controllers
Leaders accept failure as a necessary element of “outsight,” managers see failure singularly
Leaders are agents of change, managers control change
Leader’s goals come from dreams, manager’s from necessity
Leaders will seek the unknown, managers will seek the practical
“Both leadership and management are functions but only management is a role. One is appointed to a managerial position, but anyone can show leadership regardless of whether they are managers or not.”
Train the Trainer | New Delhi Institute of Managementndim1
ADMINISTRATOR
Leads all activities according to the Leader’s Guide (Process Mastery}
INSTRUCTOR
Ensures that participants acquire the knowledge specified in the program (Content Mastery)
DISCUSSION LEADER
Facilitates critical thinking, involvement and discussion (Facilitation Mastery)
COACH
Demonstrates coaching principles in action through the way he responds, questions, and engages each participant
(Coaching Mastery)
Core values are the fundamental beliefs of a person or organization. These guiding principles dictate behavior and can help people understand the difference between right and wrong. Core values also help companies to determine if they are on the right path and fulfilling their goals by creating an unwavering guide. There are many different types of core values in the world, depending upon the context.
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While some workplace stress is normal, excessive stress can interfere with your productivity and performance, impact your physical and emotional health, and affect your relationships and home life. It can even mean the difference between success and failure on the job.
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Cultural diversity is when differences in race, ethnicity, age, ability, language, nationality, socioeconomic status, gender, religion or sexual orientation are represented within a community. The community can be a country, region, city, neighborhood, company or school.
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Using social media allows your customers to connect and interact with your business on a more personal level. Attracting customers. Research. Networking. Recruitment. Search-engine discoverability.
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Core values are what support the vision of your company and help shape its culture. They are the essence of the company's identity – their principles, beliefs and philosophies. Many companies focus mostly on the technical competencies but often forget the underlying competencies that make their companies run smoothly.
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Marketers or product managers responsible for branding seek to develop or align the expectations behind the brand experience, creating the impression that a brand associated with a product or service has certain qualities or characteristics that make it special or unique.
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Business technology (BT) is the ever-increasing reliance on information technology by businesses of all types to handle and optimize their business processes.
A financial system (within the scope of finance) is a system that allows the exchange of funds between lenders, investors, and borrowers. Financial systems operate at national, global, and firm-specific levels
A leadership style is a leader's style of providing direction, implementing plans, and motivating people. It is the result of the philosophy, personality, and experience of the leader.
Behavior change can refer to any transformation or modification of human behavior. It may also refer to: Behavior change (public health), a broad range of activities and approaches which focus on the individual, community, and environmental influences on behavior.
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A marketing plan is a comprehensive document or blueprint that outlines a business advertising and marketing efforts for the coming year. It describes business activities involved in accomplishing specific marketing objectives within a set time frame.
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Functions of Management: Planning, Organizing, Leading & Controlling. A person who holds a management position inside an organization is required to think strategically and conceptually in order to achieve organizational goals.
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Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
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A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
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At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Improving profitability for small businessBen Wann
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Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
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Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
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Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
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RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
Financial report*
1. HOW TO PREPARE A
YEAR-END FINANCIAL
REPORT
PRESENTED BY NEW DELHI INSTITUTE OF MANAGEMENT
2. tells shareholders, government agencies, and other interested
people how your company performed financially during the
preceding year.
A FINANCIAL YEAR-END REPORT
3. Summarizes your firm’s assets,
liabilities and net worth
Reports your firm’s sources and
uses of cash
STATEMENT OF CASH FLOW
Details your firm’s revenues
and expenses
INCOME STATEMENT
BALANCE SHEET
WHAT
DOCUMENTS
ARE USUALLY NEEDED
TO PRODUCE
THE REPORT?
A
B
C
4. Current assets
STEP 1: Calculate assets
Investments
Property, plans and
equipment
Intangible assets
Other assets
BALANCE SHEETA
9. B
STEP 3: Determine net income
INCOME STATEMENT
Use this equation
Gross profit Operating expenses Net income
10. Net change to accounts payable
adjustments that pertain to core business activities
Depreciation expense
Net change to accounts receivable
C
SECTION 1: Operating expenses
STATEMENT OF CASH FLOW
11. adjustments related to long-term assets
Purchase of new equipment,
machinery or fixed assets
Proceeds from sale of fixed assets
C
SECTION 2: Investing activities
STATEMENT OF CASH FLOW
12. Dividends paid
Long-term loan repayment
Proceeds from issuance of common stock
C
SECTION 3: Financing activities
STATEMENT OF CASH FLOW
adjustments linked to bank debts and stocks
