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What is accounting report

Asked by: Asgar Khan | Member Since Jul-2008 | Asked on: Jul 1st, 2008

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Answered by: kumardurgam

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Member Since Feb-2006 | Answered On : Oct 17th, 2008

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

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wwnaz19

Answered On : Jul 3rd, 2008

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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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kumardurgam

Answered On : Oct 17th, 2008

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

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Trading / Profit and Loss A/C and Balance Sheet are accounting report of a Company.

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