You are viewing a single comment's thread from:

RE: Financial statements in companies

in Project HOPE4 years ago

Greetings friend @amestyj, Financial Statements can be considered as the backbone of any company, since through them we can determine everything that happened in 1 fiscal year within the company (referring to 12 months of economic activity) and it is not necessary that it coincides with the normal Calendar year, they are also mandatory, since they are established in the standard as such, and give us an accurate idea of the situation that the company is going through.

Very good information, best regards.

Sort:  

Greetings @chucho27 I find your contribution excellent and very technical of course, I know you have extensive knowledge about it, I agree with you when you mention that it is the backbone of a company, it shows us the reflection of what we have done with our economic resources.