Familiarizing With Limits of External Financial Statements

The external financial statements of a company are insufficient for their managers to prepare and have a control over the financial dealings of the company. Managers who don’t look beyond the external financial statements are surely being shortsighted since they … Continue reading

Understanding External Financial Statements

Companies offer external financial statements for sharing information about their business to the outside world including prospective lender and investors. Generally, external financial statements provided by companies are not much different from its internal accounting, though these can be considerably … Continue reading