Financial Center List

Everything About the Financial Center List – How to Access It, Its Concept, and Its Features.

To access the Financial Center List page, please follow these instructions:

• Start by clicking on the “Finance” menu in the main menu.
• Then, click on “Account Review” available in the top toolbar of the page.
• Next, click on the link “Financial Center List.”

Concept and Features of the “Financial Center List” Page and Its Uses:

• What is the Financial Center List? It is an essential part of financial statements for companies and organizations. This list provides a comprehensive overview of the entity’s financial position during a specific period. It is typically displayed at the end of each financial period and provides crucial information about assets, liabilities, and equity of the company.

• Details of the Financial Center List:

  1. Assets: These include all the possessions and resources owned by the company, such as cash, accounts receivable, real estate, equipment, and other investments.
  2. Liabilities: These encompass all the financial obligations of the company, such as debts payable to suppliers, loans due to banks, and any other liabilities.
  3. Equity: It represents the difference between the value of assets and liabilities and represents the remaining value for the company’s owners after settling all obligations. Equity includes capital contributed by shareholders and accumulated profits.
  4. Capital: It represents the amount owned by shareholders or owners of the company in terms of funds or assets.

• Purpose and Features of the Financial Center List:

  1. Financial Position Display: It provides a comprehensive view of the financial status of the company or organization during a specific period. This helps investors, shareholders, and financial institutions understand the operational capability and financial sustainability of the entity.
  2. Estimating Repayment Capability: It assists in estimating the company’s ability to repay outstanding obligations by comparing assets and liabilities.
  3. Decision-Making Reference: It offers essential information for making future decisions, whether for internal management or external investors, regarding their investments and areas of interest in the company.
  4. Transparency and Trust: It provides clear and detailed financial information that can be relied upon, promoting transparency and building trust among stakeholders.
  5. Financial Analysis: It enables financial analysts to assess the company’s performance and analyze trends over time by studying changes in assets, liabilities, and equity.
  6. Comparison and Evaluation: The Financial Center List allows investors and shareholders to compare the financial performance of the company with previous periods or with other companies in the same industry.
  7. Financial Planning and Management: It provides an overview of the distribution of financial resources within the company, aiding in planning and decision-making related to investment and financing.
  8. Compliance with Accounting Standards: It assists in complying with internationally recognized or national and local accounting standards and regulations.
  9. Management Performance Evaluation: It serves as an evaluation tool for assessing management performance and its ability to efficiently manage financial resources.
  10. Review of Account Classifications: Through the “Financial Center” page, you can view and review account classifications related to any of your accounts. Simply click on the link with the account classification number you wish to inspect.

• Available Search Filters Include:

  1. Date Filter: You can extract a financial center on a daily, monthly, quarterly, or yearly basis. Specify the start and end dates to display the center for the specified period.
  2. Branch Filter: You can extract a financial center specific to a particular branch, or you can also view a financial center that includes all branches to get the complete picture.
  3. Sector Filter: Display a financial center related to a specific sector, or you can choose the option to view a financial center that includes all sectors to have a comprehensive view.