Home Accounting How Can a Director Make Use of a Fund Statement?

How Can a Director Make Use of a Fund Statement?

1405
0

What is Fund Statement? How is It Prepared?
Fund Statement indicates;
From which resources a company provides its financial means in a certain period of time and how it uses them.

How to prepare: it is prepared by examining the balance sheet done at the end of 2 years (a beginning of a period and the end of it) and financial statement of that year. In accordance with the data in that statement, if short term resources done in short term investments, long term resources done with long term investments and if one uses equity instead of loan and if there is not done an investment when it comes to a complication about purchasing and constriction, it will signify a smart management system.

Date: 13 March 2017

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

Previous articleBe Careful While Paying or Getting Money!
Next articleHow to be a Sworn Certified Public Accountant in Turkey?

LEAVE A REPLY

Please enter your comment!
Please enter your name here