Are Financial Accounting Statements Useful t... / ID: 217949

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ID number:217949

Author: Anonymous author (7)

Evaluation:

Published: 12.12.2003.

Language: English

Level: Secondary school

Literature: n/a

References: Not used

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Extract

1. Are financial accounting statements useful to investors?
1.1 Introduction
Financial accounting statements are summaries of monetary data about an enterprise and are used in an attempt to help make informed decisions in the present and future.
Financial statements portray the effects of transactions and other events by grouping them into broad classes (or elements) according to their economic characteristics.
The three basic financial statements are the balance sheet, the income statement and the cash flow statement. There are many different entities that utilise financial statements.…

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Are Financial Accounting Statements Useful to Investors?
Essays6 Accounting, Record Keeping
Discuss Net Present Value
Summaries, Notes3 Accounting, Record Keeping
Discuss the Value of Unregulated Corporate Financial Accounting Disclosure to Society from a Classical Political Economy Perspective
Essays4 Accounting, Record Keeping

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Essays

Business and Law

Accounting

Are Financial Accounting Statements Useful to Investors?