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Kotak Mahindra Annual Report Analysis
Essay specific features
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Written by:
Irene F
Date added:
May 11, 2011
Level:
University
Grade:
A
No of pages / words:
7 / 1858
Was viewed:
8421 times
Rating of current essay:
Essay content:
They are:-
Income Statement
Balance Sheet &
Cash Flow Statement
Purpose of financial statements
"The objective of financial statements is to provide information about the financial position, performance and changes in financial position of an enterprise that is useful to a wide range of users in making economic decisions...
displayed 300 characters
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Reported assets, liabilities and equity are directly related to an organization's financial position. Reported income and expenses are directly related to an organization's financial performance.
Financial statements are intended to be understandable by readers who have "a reasonable knowledge of business and economic activities and accounting and who are willing to study the information diligently...
displayed 300 characters
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