Interpret and analyze the financial statements

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Questions -

1. Why is it important for you, a non-accountant, to be able to interpret and analyze the financial statements that have been prepared by a company's accountants?

2. As useful as financial statements are, they have their limitations. Of course, we should be aware of such limitations whenever we are analyzing a company's financial statements. What do you see as the shortcomings/limitations of corporate financial statements?

Reference no: EM131815662

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