Many users of the information in financial statements have difficulty understanding and evaluating that information. Suggest two

Question:

Many users of the information in have difficulty understanding and evaluating that information. Suggest two reasons for this difficulty. How have the accounting standard-setters tried to help users in this regard?
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...