Facts example sentences

Financial analysis focusses on the facts and relationships related to managerial performance, corporate efficiency, financial strengths and weaknesses and creditworthiness of the company.The principle of full disclosure requires that all material and relevant facts concerning financial performance of an enterprise must be fully and completely disclosed in the financial statements and their accompanying footnotes.The concept of materiality requires that accounting should focus on material facts.Thus, planning and controlling are interrelated and, in fact, reinforce each other in the sense that Planning based on facts makes controlling easier and effective; and Controlling improves future planning by providing information derived from past experience.Analysis of financial statements reveals important facts concerning managerial performance and the efficiency of the firm.Thus, financial statements are the summarised reports of recorded facts and are prepared following the accounting concepts, conventions and requirements of Law.Have I forgotten anything, Seven?” Nishad had obviously not been paying too much attention to my list of facts.All such information about material facts should be disclosed through the financial statements and the accompanying notes so that users can take informed decisions.The actual or objective facts of the problems are considered less important, and it is considered more important to work on the feelings and their acknowledgement by the clients.The chronologically recorded facts about events expressed in monetary terms for a defined period of time are the basis for the preparation of periodical financial statements which reveal the financial position as on a date and the financial results obtained during a period.So we know a number of facts about this tiny, hard-working and intelligent creature.Einstein s theory of relativity is an example of the highest level of creativity which implies bringing out altogether new ideas, facts, theory, or a product.Financial statements are the outcome of recorded facts, accounting concepts and conventions used and personal judgments made in different situations by the accountants.Efforts should not be wasted in recording and presenting facts, which are immaterial in the determination of income.It directed every department/ministry of the union government and state governments to verify the facts within six months.