Accounting Reports - What is accounting report

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Accounting Reports | Question 5 of 14

What is accounting report

Total Answers and Comments: 3

Last Update: April 10, 2009 Asked by: Asgar Khan

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Submitted by: kumardurgam

Periodic statemets showing financial position of a firm/company for a specific period, resulted from its business tranasctions and operations

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July 03, 2008 13:36:27

wwnaz19

Member Since: July 2008 Contribution: 1

What is accounting report

Accounting reports are documents filled out by brokers that details vital facts about a new client's financial circumstances and investment objectives. The report may be updated if there are material changes in a client's financial position. Based on the report a client may or may not be deemed eligible for certain types of risky investments such as commodity trading or highly leveraged limited partnership deals.

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