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British Journal of Arts and Social Sciences ISSN: 20469578, Vol.12 No. II (2013) BritishJournal Publishing, Inc. 2013 http://www.bjournal.co.uk/BJASS.aspxReview of Financial Performance and Distress:
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What is review of financial performance?
The review of financial performance is an assessment of a company's financial records and statements to evaluate its overall financial health and performance.
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Certain companies, particularly publicly traded companies or those with a significant number of shareholders, may be required by regulatory bodies to file a review of financial performance.
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To fill out a review of financial performance, companies typically engage the services of a qualified external auditor who will analyze the financial records and prepare a report for submission.
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The purpose of the review of financial performance is to provide stakeholders with an accurate and reliable assessment of the company's financial position and performance.
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The review of financial performance typically includes an analysis of the company's income statement, balance sheet, cash flow statement, and other financial metrics.
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