Financial statements are now beyond the comprehension of the average person. Many of the accounting terms and

Question:

are now beyond the comprehension of the average person. Many of the accounting terms and methods of accounting used are simply too complex to understand just from reading the explanations should be provided with, or in, the to help investors understand the the above opinions.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...