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WT/BFA/W/39210 June 2016
(163158)Page: 1/90Committee on Budget, Finance and AdministrationWORLD TRADE ORGANIZATION
2015 FINANCIAL PERFORMANCE REPORT/BFA/W/392
2EXECUTIVE SUMMARY OF 2015
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What is financial performance report?
A financial performance report is a document that summarizes the financial results of an organization over a specified period of time. It typically includes details on revenues, expenses, profits or losses, and other financial metrics, providing insights into the organization's financial health.
Who is required to file financial performance report?
Typically, businesses and organizations that meet certain size and revenue thresholds, or that are publicly traded, are required to file a financial performance report. Specific requirements can vary by jurisdiction and industry.
How to fill out financial performance report?
To fill out a financial performance report, start by gathering all relevant financial data, including income statements, balance sheets, and cash flow statements. Then, follow the report's structured format to input data, ensuring accurate calculations of revenues, expenses, and net income, and verify that all required disclosures are included.
What is the purpose of financial performance report?
The purpose of a financial performance report is to provide stakeholders, such as investors, creditors, and management, with a clear and accurate picture of an organization's financial performance, aiding decision-making and assessment of financial health.
What information must be reported on financial performance report?
Key information that must be reported includes total revenue, total expenses, net income or loss, assets, liabilities, equity, and various financial ratios and metrics that reflect the organization’s operational efficiency and financial stability.
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