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Consumer Guide to Understanding Financial Performance and Reporting in Continuing Care Retirement Communities1. 2016 by the Commission on Accreditation of Rehabilitation Facilities All rights reserved
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Performance and reporting refers to the process of measuring and communicating the results of an organization's activities, typically in the form of financial statements and other data.
Organizations, including businesses, non-profit organizations, and government entities, are typically required to file performance and reporting.
Performance and reporting can be completed by gathering and analyzing financial data, preparing financial statements, and submitting the required reports to the appropriate authorities.
The purpose of performance and reporting is to provide stakeholders, such as investors, creditors, and regulators, with accurate and transparent information about an organization's financial health and performance.
Information that must be reported on performance and reporting typically includes financial statements, income statements, balance sheets, and cash flow statements.
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