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Reiko MatsuyamaDereck S. K. KawakamiDirector of FinanceMayorMichelle L. LizamaMichael A. Dahlia Managing DirectorDeputy Director of FinanceDEPARTMENT OF FINANCE REAL PROPERTY ASSESSMENT County of
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Start by gathering the necessary financial data such as revenue, expenses, assets, and liabilities.
02
Calculate various financial ratios like return on assets, profitability ratio, liquidity ratio, and solvency ratio.
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Analyze and interpret the ratios to assess the financial performance of the company.
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Identify trends or patterns in the financial indicators over time.
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Compare the financial performance with industry benchmarks or competitors' performance.
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Identify areas of strengths and weaknesses in the financial performance.
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Use the determinants of financial performance to make informed decisions and adjustments to improve overall performance.

Who needs determinants of financial performance?

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Determinants of financial performance are needed by various stakeholders including:
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Business owners and management: They need to assess the financial health of the company and make strategic decisions based on the performance indicators.
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Investors: They rely on determinants of financial performance to evaluate the investment potential and profitability of a company.
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Creditors and lenders: They use financial performance indicators to evaluate the creditworthiness and repayment ability of a company.
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Analysts and researchers: They analyze financial performance to gain insights into the industry trends and make predictions about future performance.
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Regulatory bodies and government agencies: They monitor financial performance to ensure compliance and assess the overall economic health of the industry or sector.
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Determinants of financial performance refer to the various factors and metrics that influence the financial outcomes of an organization, including profitability, revenue growth, asset management, and overall economic sustainability.
Typically, organizations and businesses that are subject to financial reporting regulations, such as publicly traded companies and certain private corporations, are required to file determinants of financial performance.
Filling out determinants of financial performance usually involves collecting financial data, completing relevant forms with accurate metrics, and ensuring that all required disclosures are included according to regulatory guidelines.
The purpose is to provide stakeholders with a clear understanding of an organization's financial health, enabling investors, management, and analysts to assess performance and make informed decisions.
Reported information typically includes revenue figures, expenses, profit margins, return on equity, and other key performance indicators relevant to financial analysis.
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