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FINSNCIALS POWER POINT.pptx - SCHOOL OF BUSINESS BACHELOR...

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SCHOOL OF BUSINESSBACHELOR OF COMMERCEDFI 306Financial Analysis And Forecasting
Group MemberCharles OnyangoD33/32976/2014Paul Wilson OjiamboD33/32747/2014Isaac Mugane TharaoD33/32594/2014Lucia Vivian LonyaitD33/40051/2013Samuel MainaD33/32536/2014Alex Munyaka MbogoD33/36720/2013Paskal Emmanuel OlweyoD33/32768/2014Maximilla AnyonaD33/38813/2011Stanely OlooD33/33019/2014Narsis K MwawasiD33/32635/2014
QuestionDiscus factors that influence demand forfinancial statement information and givereasons why some sources of information isconsidered to be superior to other sourcesof information
Financial StatementsFinancial statements are the medium bywhich a company discloses informationconcerning its financial performance. Thereare four important financial statementnamely;Income statementStatement of Financial PositionCash flow statementStatement of change in Shareholders’Equity
Income StatementThe income statement measures acompany's performance over a specifictimeframe. The income statement presentsinformation about revenues, expenses andprofit that was generated as a result of thebusiness' operations for that period.
Statement of Financial PositionThe statement of financial positionrepresents a record of a company's assets,liabilities and equity at a particular point intime. The business financial structurebalances in the following wayAssets = Liabilities + Shareholders' Equity
Cash Flow StatementThe statement of cash flows represents arecord of a business' cash inflows andoutflows over a period of time. Typically, astatement of cash flows focuses on thefollowing cash-related activities:Operating activitiesFinancing activitiesInvesting activities
Statement of Change in Shareholders’EquityA statement of changes in shareholdersequity is a financial statement that presentsa summary of the changes in shareholders’equity accounts over the reporting period. Itreconciles the opening balances of equityaccounts with their closing balances.
Factor that influence demand offinancial Statements informationThe factors that influence demand offinancial statement information includes thefollowingNeed for reduction of uncertainty.

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Term
Summer
Professor
ProfessorAduda
Tags
Income Statement, Generally Accepted Accounting Principles, Financial Analysis and Forecasting

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