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What is the objective of financial reporting

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Questions -

Q1. List the 3 essential characteristics of FINANCIAL accounting & How does it differ from with Managerial acct.

Q2. List the 4 financial statements typically provided:

Q3. What is the objective of financial reporting?

Q4. What does decision-usefulness mean in the context of financial reporting?

Q5. Why do we need a common set of standards in financial accounting and reporting?

Reference no: EM132496997

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What is the objective of financial reporting : List the 3 essential characteristics of FINANCIAL accounting & How does it differ from with Managerial acct. What is the objective of financial reporting
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