A business report is the publication of an enterprise, in which it puts the shareholders and the interested public account down over the financial year run off.

The business report is one of the most important sources of information for the owner (e.g. at a corporation the shareholder) over strategy, activity and success of the enterprise.

Laws

The compulsion of disclosure of finance companies requires the publication of a business report. This covers the report on the situation and the end-of-year procedure. It is to be compiled within three months after beginning of the new financial year from the executive committee and/or the management to and submitted to the accountants.

The report to the balance and to the GuV of one accounting period gives important notes to the past, present and future development of the enterprise.

Additional information

Frequently the business report contains however beyond that freiwillige instructions and reports, which are to serve the self-manifestation of the enterprise. For this reason also many enterprises publish a business report, which would be actually not obligated to it. Then are beside the self-manifestation of the enterprise usually only selected numbers to the end-of-year procedure, but no complete balance and GuV.

If both data in a business report are published, the legally prescribed rendering of account must be clearly from the freiwilligen data separate.

History of the quarter report

The quarter report is to be already proven in the early history of the industrialization. Thus Georgius Agricola reports 1556 that the shareholders were organized in the mining industry in so-called trades. They demanded account four times from the mountain manager in the year: "Like it give four seasons, spring, summer, autumn and winter, then there is also four times annually report over incomes and expenditures. In the first month of each quarter account is put down, first over the money, which the mountain manager in the last quarter spent on the pit, then over the yield, which it obtained in the same time from it ".

A failure of the mountain manager was consistently punished at that time: "If now a mountain manager the money that used trades useful for the mine and it faithfully administered, then all give it the praise of a prudent and good man; if it caused damage against it because of unawareness of conditions, then it is mostly frightened its office. If it caused damage to the trades however by its own carelessness and inadvertence, then the authority forces it to the compensation; if he committed finally fraud or theft, then he becomes with a fine or with prison or with death punishes "(quotations out: Georgius Agricola: De RH metallica libri XII 1556, fourth book; New edition VDI 1928 (S.76), Springer, Berlin 2004, ISBN 3-540-20870-4).

Articles in category "Business report"

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