Details of the assessment question: Financial statement analysis refers to an examination of the viability, stability...

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Accounting

Details of the assessment question: Financial statement analysisrefers to an examination of the viability, stability andprofitability of a business enterprise as a whole or a particularproject that it has undertaken. It is performed by expertprofessionals who prepare reports using the information taken fromthe company’s financial statements. According to the statementabove, the financial statements become the main work for Financialstatement analysis Prepare a essay 500 word to cover the following:1- Who are the main users for Accounting Information-? 2- What arethe Components of a financial statement?

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Main users for Accounting Information Internal Users Management Management uses Accounting Information for taking decisions like Capital budgeting Financial Planning Product portfolio management introduction of new products Cash management Make or buy decisions etc The accounting for management decisions is called Management Accounting Employees and their Unions They use these information to decide whether tojoin the company or to leave See Answer

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Details of the assessment question: Financial statement analysisrefers to an examination of the viability, stability andprofitability of a business enterprise as a whole or a particularproject that it has undertaken. It is performed by expertprofessionals who prepare reports using the information taken fromthe company’s financial statements. According to the statementabove, the financial statements become the main work for Financialstatement analysis Prepare a essay 500 word to cover the following:1- Who are the main users for Accounting Information-? 2- What arethe Components of a financial statement?