Question regarding financial and non-financial information

[MagicaLideaL]

Question:
Explain the differences between financial and non-financial information.

Thanks in advance

[Sonal]

Hi MagicaLideaL,

Greetings for the day.

Financial information mainly deals with the costs, profits, income and expenses

Non-financial information informs us about the overall environment in which the entity operates. These are all factors other than money factors, such as human resources, customer preferences and market trends.

For further information, refer to GTG FMA Study Text, Page 17.

Regards
Sonal