In our previous series of articles on Beginner’s guide on Accounting – Accounting 101, we have shared with you the objectives and the users of the general purpose financial statements. We have also explained the components of the general purpose financial statements. For this round, we will share with you the considerations for presentation of […]
General Purpose Financial Statement
Posted inAccounting
Accounting 101: Components of the General Purpose Financial Statements
Understand the main components of general purpose financial statements. The article also explains further what are these components and their purposes.
Posted inAccounting
Accounting 101: Objectives and users of the general purpose financial statements
The article explains the objectives and users of general purpose financial statements. This helps to determine what information are relevant to the users.