Andover Commtech http://www.andovercommtech.com Just another WordPress weblog Tue, 09 Mar 2010 03:02:35 +0000 http://wordpress.org/?v=2.9 en hourly 1 private and public company reporting http://www.andovercommtech.com/private-and-public-company-reporting.html http://www.andovercommtech.com/private-and-public-company-reporting.html#comments Tue, 09 Mar 2010 01:30:53 +0000 admin http://www.nailaintan.co.cc/private-and-public-company-reporting.html What’s the difference between private and public company reporting

A public corporation is a business whose securities are traded on the public stock exchanges, such as the New York Stock Exchange and Nasdaq. A private company is held solely by its owners and is not traded publicly. 

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 When the shareholders of a private business receive the periodical financial reports, they are entitled to assume that the company’s financial statements and footnotes are prepared in accordance with GAAP. Otherwise the president of chief officer of the business should clearly warn the shareholders that GAAP have not been followed in one or more respects. The content of a private business’s annual financial report is often minimal. It includes the three primary financial statements – the balance sheet, income statement and statement of cash flows. There’s generally no letter from the chief executive, no photographs, no charts.

In contrast, the annual report of a publicly traded company has more bells and whistles to it. There are also more requirements for reporting. These include the management discussion and analysis (MD&A) section that presents the top managers’ interpretation and analysis of the business’s profit performance and other important financial developments over the year.

Another section required for public companies is the earnings per share (EPS). This is the only ratio that a public business is required to report, although most public companies report a few others as well. A three-year comparative income statement is also required.

Many publicly owned businesses make their required filings with the SEC, but they present very different annual financial reports to their stockholders. A large number of public companies include only condensed financial information rather than comprehensive financial statements. They will generally refer the reader to a more detailed SEC financial report for more specifics.Visit at http://available-grant-money.blogspot.com

]]> http://www.andovercommtech.com/private-and-public-company-reporting.html/feed 0 Quick Cash Due To a Financial Emergency http://www.andovercommtech.com/quick-cash-due-to-a-financial-emergency.html http://www.andovercommtech.com/quick-cash-due-to-a-financial-emergency.html#comments Mon, 08 Mar 2010 19:01:29 +0000 admin http://www.andovercommtech.com/?p=20368 Your emergency isn’t going to just get up and go away. Things come up, expenses arise, and we simply don’t have the funds we need at the times we need them. If you’re in need of some quick cash due to a financial emergency, don’t sit there with your thumb up your hind-end instead, get an easy online payday advance loan immediately.

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]]> http://www.andovercommtech.com/quick-cash-due-to-a-financial-emergency.html/feed 0 Financial Problem in the Form of Pay Day Loan http://www.andovercommtech.com/financial-problem-in-the-form-of-pay-day-loan.html http://www.andovercommtech.com/financial-problem-in-the-form-of-pay-day-loan.html#comments Mon, 08 Mar 2010 19:01:26 +0000 admin http://www.andovercommtech.com/?p=20369 If you are not familiar with the term of pay day loan perhaps you are familiar enough with the term payday advance. Some of you might be wondering what is the different of pay day loan and conventional unsecured loan. This site is especially established to provide people solution to deal with their financial problem in the form of pay day loan. This kind of loan can be considered as unsecured loan since you don’t need to pledge any property to be the collateral when you are conducting this loan.

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