A senior member of a large public company's management complained: 'Accountants' financial analyses don't seem very useful
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A senior member of a large public company's management complained: 'Accountants' financial analyses don't seem very useful to me. The analyses don't reveal the business management factors that are important to my company's success. They are biased towards the past rather than the future. And, anyway, the share market is way ahead of the accountants in judging the company's performance.' Comment on the manager's complaint.
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The senior member of the company has expressed a common frustration about the perceived limitations of financial analysis by accountants Here are some ...View the full answer
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Related Book For 
Financial Accounting An Integrated Approach
ISBN: 9780170349680
6th Edition
Authors: Ken Trotman, Michael Gibbins, Elizabeth Carson
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