what is the Use of Financial statements to a company?
Answers were Sorted based on User's Feedback
Answer / ashish shrivastava
financial statemetnt is one of the tool who gives the fact
of the company or we can say as like mirror.
it gives the negative and positive impact.
you can make decesion after analyse the current and compare
with previous year balance sheet.
Is This Answer Correct ? | 8 Yes | 0 No |
Answer / satish kumar.k
To know the accuracy of the business position for the use
financial statements. these statements can helpful to the
Management, shareholders, investors and Public for taking
the decisions.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sandeep
financial statements of a company makes an invester able to
evaluate his decision of investmet in that company.
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / nandha
To keep all tranction and all ledger and make lot of
reports like trading ptofit and loss account balance
sheet,brs etc...
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ganesh
financial statements will be use full to compare with past statements and also will be for more effective control in the organisation.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / janu
Financial Statements are helpful to every company or any organization why because a company can know financial Strength of the company with help of financial Statements. and even though can compare profits and losses of the previous years balances also
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kapil jain
financial statement is toll for the investors to ivaluvate
the company in term of financial strenth and also help full
for internal pupose
Is This Answer Correct ? | 1 Yes | 3 No |
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