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The objectives of financial statement




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Report of the Study Group on the Objectives of Financial Statements. Objectives of. Financial Statements. American Institute of Certified Public Accountants. 19 Oct 2015 According to the Framework of International Accounting Standard, the objective of financial statements is to provide information about: financial The main objective of financial statement analysis is to provide information about the financial position, performance and changes in financial position of a company that is useful to a wide range of users in making economic decisions. The objective of financial statements is to provide information about the financial position, performance and changes in financial position of an enterprise that is Let us make in-depth study of the meaning, objectives and limitations of financial statement. Meaning: Financial Statements are the collective name given to 2 Apr 2015 Learn about the principle objectives of financial accounting, including the furnishing of the financial statements for those outside of a business. 24 Apr 2011 According to IASB Framework for Preparation and Presentation of Financial Statements, objective of (general purpose) financial statements is to provide information about the: financial performance; and. changes in financial position of the entity to the wide range of users in making economic decisions. Assessment Of Past Performance Past performance is a good indicator of future performance. Investors or creditors are interested in the trend of past sales, cost Financial statements (or financial report) is a formal record of the financial activities and "The objective of financial statements is to provide information about the financial position, performance and changes in financial position of an


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