The IASB acknowledges within the Conceptual Framework that general-purpose financial reports cannot provide all the information that users may need to make economic decisions. They suggest that users will need to consider pertinent information from other sources as well.

(a) Briefly outline what you feel the financial statements cannot tell an external user.

(b) List examples of further information (ie beyond the annual report and financial statements) which a potential investor would require before making an investment (or disinvestment) decision.