Define: External Reporting

UK Accounting Glossary

Definition: External Reporting


Quick Summary of External Reporting


Reporting financial information to those users with a valid claim to receive it, but who are not allowed access to the day-to-day records of the business.




What is the dictionary definition of External Reporting?

Dictionary Definition


External reporting is the issuance of financial statements to parties outside of the reporting entity. The recipients of such reports are usually investors, creditors, and lenders, or those who need the information to evaluate the financial condition of the reporting entity.


Advertisement



Full Definition of External Reporting



Advertisement



External Reporting FAQ's



Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/external-reporting/
Modern Language Association (MLA):
External Reporting. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 21, 2019 https://payrollheaven.com/define/external-reporting/.
Chicago Manual of Style (CMS):
External Reporting. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/external-reporting/ (accessed: November 21, 2019).
American Psychological Association (APA):
External Reporting. PayrollHeaven.com. Retrieved November 21, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/external-reporting/

Definition Sources


Definitions for External Reporting are sourced/syndicated from:


This glossary post was last updated: 23rd December 2018.