Financial statements are very much important to the various parties interested in financial Statement analysis. The parties like shareholders, management, creditors, employees and Government etc get the information required for them on the basis of those statements. In all, The importance of financial statement can be stated as follows: InContinue Reading
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Financial statements are the statements of the business firm prepared generally at the end of Accounting period i.e. income statement and balance sheet. The objectives of financial Statements are as follows: a. To measure the operating efficiency and effectiveness of the business firm. b. To evaluate the soundness of creditContinue Reading
Financial statements are the statements of the business firm prepared generally at the end of Accounting period i.e. income statement and balance sheet. The objectives of financial Statements are as follows: a. To measure the operating efficiency and effectiveness of the business firm. b. To evaluate the soundness of creditContinue Reading
