Unlisted companies also need statements. For companies that are not listed on the public securities exchange market, the statements of non-listed companies do not need to be made public, but generally they should report their financial statements to the parent company at a higher level, mainly to the higher authorities, tax authorities, chairman (general manager) and directors.
Second, the role of financial reporting
1, comprehensively and systematically reveal the financial status, operating results and cash flow of an enterprise in a certain period, which is beneficial for enterprise managers to understand the completion of various task indicators of their own units and evaluate their operating performance, so as to find problems in time, adjust business direction, formulate measures, improve management level, improve economic benefits, and provide basis for economic prediction and decision-making.
2, is conducive to the national economic management department to understand the operation of the national economy. By summarizing and analyzing the financial statements provided by various units, we can understand and master the economic development of various industries and regions, so as to macro-control economic operation, optimize resource allocation and ensure the stable and sustainable development of the national economy.
3. It is beneficial for investors, creditors and other stakeholders to master the financial status, operating results and cash flow of the enterprise, and then analyze the profitability, solvency, investment income and development prospects of the enterprise, and provide decision-making basis for its investment, loan and trade.
4, is conducive to meet the financial, taxation, industry and commerce, auditing and other departments of enterprise management supervision. Through financial statements, we can check and supervise whether enterprises abide by national laws, regulations and systems, and whether there is tax evasion.
Three. What statements do financial statements include?
Financial statement is an accounting statement provided by an accounting entity, which reflects the financial status and operation of the accounting entity. A complete set of financial statements includes balance sheet, income statement, cash flow statement, statement of changes in owners' equity (or statement of changes in shareholders' equity) and notes to financial statements. Balance sheet, reflecting the maturity of assets, liabilities and capital of the enterprise. Long-term solvency, short-term solvency and profit distribution ability.
The above is an introduction about whether non-listed companies have financial reports, hoping to help everyone. To sum up, non-listed companies also have financial reports, but their financial reports do not need to be made public, while listed companies need to be made public.