financial statements

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Title: financial statements

Essay Details:

Subject: Miscellaneous

Author: Vernon O

Date: October 24, 2016

Level: University

Grade: B

Length: 7 / 2026

Essay text:

The financial statement has 3 separate statement which are all comprised of numbers. In order to use or understand a person must know the underlying reason to each part of the statement. The financial statement will help in learning the strength, performance and changes in the companies position which will help in making critical decision before the next statement. The main focus of having a financial statement is so that anyone can understand what is going on with the company. The financial statements are used by all audiences but for different purposes. They must be comprehensible, relevent, reliable and comparable to other entities...

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