Interim statement

Interim statement,

Definition of Interim statement:

  1. An interim statement is a financial report covering a period of less than one year. Interim statements are used to convey the performance of a company before the end of normal full-year financial reporting cycles. Unlike annual statements, interim statements do not have to be audited. Interim statements increase communication between companies and the public and provide investors with up-to-date information between annual reporting periods.

  2. These may also be referred to as interim reports.

  3. Short, unaudited financial statement issued monthly, quarterly, or half-yearly by a firm whose equities are traded on a stock exchange (called a quoted firm) to declare its trading results for that period. It generally shows pretax profit, estimated tax liabilities, earnings available (if any) for the interim dividend, and other such information.

How to use Interim statement in a sentence?

  1. Quarterly reports are commonly used by companies, and may sometimes be mandated by the SEC.
  2. Interim statements are financial reports produced by firms covering a period of less than one year.
  3. The goal is to keep shareholders and analysts more up-to-date and in regular communication with corporate management, and to alert the public to material changes to the company in a timely fashion.

Meaning of Interim statement & Interim statement Definition

Interim Statement,

What is Interim Statement?

The definition of Interim Statement is: Interim reports are financial statements that cover less than a year. Interim financial statements are commonly used to present a company's performance before the end of the annual accounting cycle. Unlike annual financial reports, provisional financial statements do not need to be audited. Interim reports improve communication between the company and the public and provide investors with up-to-date information between reporting periods.

  • Interim financial statements are company financial statements covering a period of less than one year.
  • It aims to keep shareholders and analysts up-to-date and in regular contact with the company's management and to draw the public's attention to important changes in the company in a timely manner.
  • Quarterly reports are widely used by companies and sometimes require SEC.

Literal Meanings of Interim Statement

Interim:

Meanings of Interim:
  1. In all this time.

  2. About.

  3. Temporarily or temporarily.

Sentences of Interim
  1. During this time I cross my fingers

  2. Migration settings

Synonyms of Interim

fill-in, transitional, intervening, caretaker, improvised, temporary, pro tem, stopgap, acting, intervening time, meanwhile, meantime, provisional, makeshift, impromptu, make-do, short-term, interval, emergency, changeover, interlude

Statement:

Meanings of Statement:
  1. Specific or clear expression of something when speaking or writing.

Sentences of Statement
  1. Do you agree with this observation?

Synonyms of Statement

utterance, declaration, communication, expression of facts, affirmation, assertion, expression of views, announcement