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INVESTMENT OR LIABILITY: HOW Organizations VIEW & IMPLEMENT CAREER DEVELOPMENT By Claire Pearce Research project submitted in partial completion of the Diploma in Career Counselling, Wellington Institute
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Investment refers to the allocation of funds or resources into assets or ventures with the expectation of generating income or profit. Liability, on the other hand, represents a company's legal obligations or debts which it is liable to repay. The term 'how' in this context refers to the process or methods involved in managing investment or liability.
Individuals, businesses, or organizations that have investments or liabilities are required to file relevant financial statements or disclosures to accurately report the details of their investments or liabilities. These may include individuals with personal investments, companies with business investments, or any entity with financial obligations.
Filling out investment or liability reports typically involves gathering all relevant financial information such as investment amounts, types of assets or ventures, liability amounts, repayment terms, and any other necessary details. This information is then organized and reported according to the specific requirements of the relevant financial reporting frameworks or regulatory guidelines.
The purpose of investment or liability reporting is to provide transparency and accountability regarding the financial position and obligations of individuals, businesses, or organizations. It allows stakeholders, investors, or regulators to understand the extent of investments held or liabilities owed, assess the financial health or risk profiles, and make informed decisions based on the reported information.
The information that must be reported on investment or liability reports includes details such as the types of investments made, the value or cost of investments, any income generated from investments, the purpose or objective of investments, details of liabilities including amounts owed, repayment terms, and any collateral or guarantees associated with the liabilities.
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