What is a reporting date?
Reporting date means the date of the last day of the reporting period to which the financial statements relate.
What is the reporting date of a financial statement?
#3 – Yearly Reporting Period\n\n Hence, all the companies prepare yearly or annual financial statements regardless of whether they prepare quarterly or monthly financial statements. Yearly financial statements are prepared for the same period uniformly, from 1st April to 31st march or from 1st January to 31st December.
What is the reporting year?
Reporting year means the calendar year in which a covered institution must conduct, report, and publish its stress test.
What does reporting date mean in accounting?
Sample 3. Reporting Date means, when used with respect to any series of Securities, the date (and each successive anniversary thereof) established by a Board Resolution pursuant to Section 3.01 which shall be a date no more than ten months from the date of the initial issuance of such series of Securities under this Indenture.
What happens after the reporting date of a company?
However, after the reporting date, the legal advisors of the company know that there is 70% probability that the company will have to pay damages of one million USD to the worker and further heavy penalties payable to the government. This event is an adjusting event as it was present at the reporting date and it is highly material.
What is a reporting period?
A reporting period is a month, quarter or a year for which financial statement of an organization is prepared for the external use, uniformly over some time so that the financial statements are comparable and understandable by the general public or the user of the financial statements. How to Provide Attribution? Article Link to be Hyperlinked