What features are likely to make a balance sheet helpful

Assignment Help Financial Accounting

Reference no: EM13947246

a. Write a letter to the financial controller of a company advising on the factors which a company should take into consideration when deciding how to arrange information in financial statements.

b. Write a note for financial analysts explaining how the published income statement (profit and loss account) provides a useful indication of the financial performance of a company.

c. What features are likely to make a balance sheet helpful to users?

d. Could a statement of cash flows be presented as the only financial statement reported by a company? Explain your view.

Reference no: EM13947246

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