Identify the four basic financial statements

Reference no: EM13767305

Write a 350- to 700-word summary in which you do the following:

Identify the four basic financial statements.
Describe the purpose of each of the four financial statements.
Discuss how the financial statements would be useful to internal users such as managers and employees.
Discuss how the financial statements would be useful to external users such as investors and creditors.

Write a 350-word paper about one misunderstanding you have experienced. Please use a business- or work-related example rather than a personal example. The following must also be included:

Identify the receiver and sender of the message, the communication channel used to deliver the message, what caused the misunderstanding, and how you could have avoided it.
State what you learned from this misunderstanding and how you could improve in future communications.

Reference no: EM13767305

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