Richard Howie divides the company's financial statement users into four categories: investors, banks, insurance companies and all others.
What does FS stand for?
FS stands for Financial Statement
This definition appears very frequently and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of FS
We have 133 other meanings of FS in our Acronym Attic
- File System
- Filing Season
- Final Score
- Final Settlement
- Final Speed
- Final Status
- Final Submission
- Financial Secretary
- Financial Services
- Financial Solutions (various locations)
Samples in periodicals archive:
The financial reporting system should be designed to provide unbiased financial statements in which financial statement users can have confidence.
Recognition Requirements In financial statements prepared on the accrual basis of accounting, employers should recognize a liability and expense for voluntary termination benefits (for example, early-retirement incentives) when the offer is accepted and the amount can be estimated.
The accounting firm also failed to instruct him on the Statement on Auditing Standards (SAS) 82 in regards to the consideration of fraud in financial statement audits that had recently been released.
CON 1 acknowledges that financial statements are a central feature of financial reporting.
WHEN REVIEWING THE MATERIALITY OF FINANCIAL statement misstatements that are uncorrected/unrecorded, an error can fall into three ranges--inconsequential, consequential and material.
on the taxpayer's most recently audited financial statements, certified before July 1, 2003; or (3) in the case of an applicable financial statement that fails to show a specific earnings amount, but does show a specific tax liability attributable to such earnings, the amount of such earnings determined by grossing up the tax liability at a 35% rate (Sec.