In the United States, it is common to provide abbreviated financial data quarterly with full financial statements provided annually In some countries companies provide only annual data Discuss the trade offs ...

A year is a long time to wait for new information about a companys performance ...

In the United States, it is common to provide abbreviated financial data quarterly with full financial statements

Question:

In the United States, it is common to provide abbreviated financial data quarterly with full provided annually. In some countries companies provide only annual data. Discuss the trade-offs.

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...