Financial Statements

Essay specific features

 

Issue:

Business

 

Written by:

Joseph P

 

Date added:

April 16, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 741

 

Was viewed:

8753 times

 

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Essay content:

Financial statements give information about the company that is important for decision makers, particularly the owners. Owners use financial statements to analyze company wealth. More specifically, the purpose of financial statements, including accompanying notes, is to provide information about: a...
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The amount and nature of an organization's assets, liabilities, and net assets, b. The effects of transactions and other events and circumstances that change the amount and nature of net assets, c. The amount and kinds of inflows and outflows of economic resources during a period and the relation between the inflows and outflows, d...
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