What is financial report?
Financial statements (financial statements) provide information related to the financial performance of the business, such as: assets, debt, equity, revenue, profit, cash flow ... period at the end of each quarter and at the end of the year.
The set of financial statements submitted to state agencies includes:
• Tax finalization declarations:
• Declaration for finalization of corporate income tax.
• Declaration of personal income tax finalization
• Set of financial reports:
• Accounting balance sheet
• Table of business results
• Cash flow table
• Attached Appendix: Notes to the financial statements
Financial statements must provide specific information about:
• Asset
• Liabilities and equity
• Revenue, other income, business expense and other expenses
• Profit, loss and distribution of business results
• Taxes and other payables to the state
• Other assets related to the unit
• How the cash flow in and out is circulating on the cash flow statement
Therefore, the Appraisal of Enterprise value before holding a meeting of shareholders will help businesses grasp financial activities, have the necessary management improvement solutions to improve the efficiency of production activities. business, control the profitability of the business. Helping state management agencies to understand the situation of production and business activities and the value of enterprises to have specific management policies for each enterprise such as corporate income tax, financial tax. property, other taxes.
Enterprise valuation is also the basis for settling and settling disputes arising between shareholders of enterprises when distributing dividends, contributing capital, breaching contracts, ...
In addition, it is also the basis for organizations, individuals and the investment public to make decisions to buy, sell and transfer securities issued by enterprises on the financial market; as well as the basis for merger, separation, dissolution, liquidation, joint venture,… enterprises
Enterprise valuation brings many benefits to the owner: protecting the business; know the ability of the business to adjust to improve efficiency in business, production ... Most importantly, the enterprise valuation is an important basis for enterprises to attract capital from talented investors main.
Prestigious Business Appraisal Unit in Vietnam
Hoang Quan Appraisal (HQA) with many years of experience in the field of appraisal with abundant data warehouse, a team of professional appraisal experts, highly qualified, process appraisal fast, closely, minimizing appraisal costs... Besides, HQAs SunValue service will provide customers with information about the value of the business with high reliability for each appraisal purpose.
