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2016
RegulationsRevision A
March 17, 2015ASC 20162 of 60Contents
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7.3Purpose
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By having a well-defined fundamental vision, organizations can set themselves up for success by aligning their actions, strategies, and resources towards achieving their long-term goals.
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What is fundamental vision?
Fundamental vision is a statement of the core beliefs and values that guide an organization's actions and decisions.
Who is required to file fundamental vision?
All organizations, including businesses and non-profits, are required to file fundamental vision.
How to fill out fundamental vision?
Fundamental vision can be filled out by outlining the key principles and priorities that shape the organization's mission and goals.
What is the purpose of fundamental vision?
The purpose of fundamental vision is to provide a clear direction and focus for the organization's activities.
What information must be reported on fundamental vision?
Information such as the organization's mission statement, values, and strategic objectives must be reported on fundamental vision.
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