Financially Literate definition
Financially Literate means the ability to read and understand a set of financial statements that present a breadth and level of complexity of accounting issues that are generally comparable to the breadth and complexity of the issues that can reasonably be expected to be raised by the Corporation’s financial statements.
Financially Literate means a person who has the ability to read and understand basic financial statements i.e. balance sheet, profit and loss account, and statement of cash flows.
Financially Literate means the ability to read and understand a set of fundamental financial statements that present a breadth and level of complexity of accounting issues that are generally comparable to the breadth and complexity of the issues that can reasonably be expected to be raised by the consolidated financial statements of the Corporation (including, without limitation, a balance sheet, income statement, and cash flow statement).
Examples of Financially Literate in a sentence
All members of the Audit Committee are independent and financially literate (as those terms are defined in Multilateral Instrument 52-110 – Audit Committees) and have the following education and experience which is relevant to their roles as Audit Committee members: Name Independent Financially Literate Education and Experience ▇▇▇▇▇▇ ▇.
More Definitions of Financially Literate
Financially Literate means the ability to read and understand basic financial statements i.e. balance sheet, profit and loss account, and statement of cash flows. Explanation (ii): A member will be considered to have accounting or related financial management expertise if he or she possesses experience in finance or accounting, or requisite professional certification in accounting, or any other comparable experience or background which results in the individual’s financial sophistication, including being or having been a chief executive officer, chief financial officer or other senior officer with financial oversight responsibilities.
Financially Literate means the ability to read and understand basic financial statements i.e. balance sheet, profit and loss account, and statement of cash flows.
Financially Literate means the ability to read and understand a set of financial statements that present a breadth and level of complexity of accounting issues that are generally comparable to
Financially Literate means a person who has the ability to read and understand basic
Financially Literate means that the Director is able to critically read and understand a balance sheet, an income statement, a cash flow statement and the notes attached thereto.
Financially Literate means that the Board member has the ability to read and understand a set of financial statements in accordance with Canadian Generally Accepted Accounting Principles. Having “accounting or related financial expertise” means the Board member has the ability to understand and fully analyze financial statements and the related notes which present a breadth and level of complexity of accounting issues that are generally comparable to the breadth and complexity of issues that can reasonably be expected to be raised by SPS’s financial statements.
Financially Literate means that the Board member has the ability to read and understand a set of financial statements in