What is the best answer for those questions? 1. What is the objective of financial statement...

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Accounting

What is the best answer for those questions?
1. What is the objective of financial statement analysis?
2. Explain why and how financial statements are useful fordecision-making.
3. What are some of the way management can impact the quality offinancial reporting?
4. Describe the decision making process of the accountingrules.
5.   Find the resources of financial information ofthe Microsoft in different ways.
6.   Describe the components of a Form 10-K.
7.   What are the four major financial statements?
8.   What types of information can be found in thenotes to financial statements?
9.   What is the purpose of the audit report? Explainthe difference between an unqualified and a qualified opinion.
10. What is the Sarbanes-Oxley Act of 2002?
11. What information can be found in the Management Discussionand Analysis?

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3.9 Ratings (507 Votes)

1 To judge the profitability and financial soundness of the firm and to make forecast about future prospects of the firm 2 To decide whether or not to invest their capital in the companys share investment decision making purpose and taxation decisions 3 By Window dressing the financials lowering the discloures made etc quality of financial reporting can be impacted 4 It provides investors with a baseline of analysis for and comparison between the financial health of securitiesissuing corporations It helps creditors assess the solvency liquidity and See Answer

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