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Discuss who primary should prepare financial statements

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Reference no: EM131813948

1. Who primary should prepare financial statements ?

2. Why it's important to have future-oriented data on a financial statement?

3. Why it's important to disclose assets liabilities and owner's equity to the financial statement if you already have revenues and expenses disclosed?

4. Why it's important to disclose revenues and expenses to the financial statement if you already have assets liabilities and owner's equity disclosed?

5. Why it's important to disclose assets, liabilities, owner's equity revenues and expenses to the financial statement? And why some company doesn't provide full information.

Reference no: EM131813948

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