Maria comes to you for investment advice. She asks, Which companys stock should I buy? There are

Question:

Maria comes to you for investment advice. She asks, “Which company’s stock should I buy? There are so many companies to choose from and I don’t know anything about any of them.”

Required:
Respond to Maria by explaining the two functions of financial accounting. Specifically address the four reported by companies and the information contained in each. Also explain the role of the auditor in the preparation of What advice can you give her about finding a company’s stock to buy?

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...