accounting

Essay specific features

 

Issue:

Business

 

Written by:

Jeremy G

 

Date added:

June 9, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1224

 

Was viewed:

7172 times

 

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Essay content:

Are there other qualitative characteristics? If there are, list and explain them. e) List and define the elements of financial statements. Answers for given questions: Question 1 (a) List out the financial statements that reporting enterprises present in their annual reports. What information can be derived from these statements? Financial statements (or financial reports) are formal records of a business' financial activities...
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What information can be derived from these statements? Financial statements (or financial reports) are formal records of a business' financial activities. These statements provide an overview of a business' profitability and financial condition in both short and long term. The reports contain financial information about an organization...
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