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Reporting Financial Performance for Public (MFRS) and Private (MPERS) Entities

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Reporting Financial Performance for Public (MFRS) and Private (MPERS) Entities

  • Webinar
  • 31 May 2023 09:00 AM
  • to
  • 31 May 2023 05:00 PM
Reporting Financial Performance for Public (MFRS) and Private (MPERS) Entities
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Financial performance measures such as revenue, profit, and operating cash flow are the key value drivers of businesses. Capital providers – shareholders, bankers, suppliers, etc. – use these measures for investment and credit decisions. Executive contracts as well as compensations such as performance bonuses, incentives, increments, etc. are also linked to financial performance. From an accounting perspective, financial performance is measured as the changes in the shareholders’ equity, which also represent the changes in net assets. Financial performance is presented as profit (loss) for the period as well as other comprehensive income (loss), increases (decreases) equity, and net assets.