Five-year financial summary FRD 22H requires financial results for this reporting year AND the previous four years (i.e. five your agency’s in total) to be provided in a summary format in its Report of Operations. Example disclosure (minimum) Five-Year Financial Summary Notes: [include notes to explain any inclusions/exclusions etc.] It is recommended that a table containing the major classes of revenue, expenditure, assets and liabilities with the total for each category be provided. Current year financial review Your agency must summarise its financial results in its Report of Operations. This section should contain a discussion and analysis of operating results and financial your agency’s position. This section of an Report of Operations complements the information presented in the Financial agency’s Statements explanation and analysis of the performance, financial position and cash ‘by providing agency’s flow through an objective and balanced discussion and analysis’. It is not optional. Your discussion of its financial results should be: agency’s comprehensive adopt a narrative form written in a clear style be supported by figures and graphics that assist understanding of the matters discussed”.
Five-year financial summary FRD 22H requires your agency’s financial results for this reporting year AND the previous four years (i.e. five in total) to be provided in a summary format in its Report of Operations. Example disclosure (minimum) Five-Year Financial Summary Notes: [include notes to explain any inclusions/exclusions etc.] It is recommended that a table containing the major classes of revenue, expenditure, assets and liabilities with the total for each category be provided. Current year financial review Your agency must summarise its financial results in its Report of Operations. This section should contain a discussion and analysis of your agency’s operating results and financial position. This section of an agency’s Report of Operations complements the information presented in the Financial Statements ‘by providing explanation and analysis of the agency’s performance, financial position and cash flow through an objective and balanced discussion and analysis’. It is not optional. Your agency’s discussion of its financial results should be: comprehensive adopt a narrative form written in a clear style be supported by figures and graphics that assist understanding of the matters discussed”.
2180718-DELWP-Guide-to-annual-reporting-_public-bodies-2017-18-version-2.docx