Explore the nature and use of financial information. 1.1: Discuss the need for financial information, its purpose,
Question:
Explore the nature and use of financial information.
1.1: Discuss the need for financial information, its purpose, limitations and the main stakeholders interested in the information.
1.2: Identify accounting arrangements and conventions used by organizations
Task 2
2.1: Explain how accounting frameworks and regulation influence accounting and financial arrangements.
2.2: Explain the uses of published financial information.
2.3: Explain how an organisation uses management accounting practices
Task 3
3.1: Explain the main items commented on and explain their importance.
3.2: Identify trends in published accounting information.
Give example of Balance Sheet
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill