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What is value added statement ?

What is social responsibility reporting? Is it true that value added statements are non standardized? Could involve the inclusion or exclusion of certain items like depreciation, taxation etc.

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Question ajoutée par Subhranshu Ganguly , Quality Analyst. , WIPRO
Date de publication: 2014/01/04
Mohammed Salim Allana
par Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

The general definition of Value added stands for financial or non financial benefit or improvements in the current process. The management would like to know the value added benefits by paid employees to the organisation in each quarter.

 

If there is a significatnt change in the rates of depreciation or taxation, those could be highlighted in the report.

 

Social responsibility reporting should include the events contributing by the Corporate sector to the society by way of donation for education/sports, charity for flood victims or blood donations, etc, 

georgei assi
par georgei assi , مدير حسابات , المجموعة السورية

Economic Value Added:

 

  Means to measure and estimate the actual value of the company in light of the investment return required by an investor in the company and is computed by calculating the net profit resulting from operations after tax is deducted from the invested capital and strikes at the weighted average cost of capital.

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