This paper circulates around the core theme of What GAAP (generally accepted accounting principles) are employed in its construction? How does this financial statement relate to the other financial statements? together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Within the Discussion Board area, write 400–600 words that respond to
the following questions with your thoughts, ideas, and comments. This
will be the foundation for future discussions by your classmates. Be
substantive and clear, and use examples to reinforce your ideas.
In your initial post, identify and recommend at least 1 credible Web
site that an investor can visit to find the current and past financial
statements of publicly traded companies. There are 4 primary financial
statements that are used in financial statement analysis. They are the
balance sheet (or statement of financial position), the income statement
(or the statement of operations), the statement of changes in
shareholders’ equity, and the statement of cash flows.
For this activity, each student should choose at least 1 of these statements and discuss the following:
- What is the purpose of this financial statement?
- What are the primary components of this financial statement, and what do they represent?
- Who are the primary users of this statement and how is it generally used?
- What GAAP (generally accepted accounting principles) are employed in its construction?
- How does this financial statement relate to the other financial statements?