What is the definition of outturns? 🙋

👉 An outturn in accounting refers to the final financial statement prepared by an organization, which provides a detailed account of its activities and resources over a specific period. This report is typically presented at the end of each fiscal year or quarter, summarizing the financial performance of the company for that particular time period. The outturns are often used by management to evaluate the financial health of the company and make strategic decisions related to its operations, such as budgeting, inventory control, and employee compensation.


outturns


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