Financial management
تعداد صفحه : 22Financial management Chapter 2 Basic Financial Statements The accounting process Financial Statements The Accounting Equation Chart of Accounts Chapter 2 introduces you to the basic financial statements used to communicate a companys financial information to outsiders – parties other than the companys directors and managers, who are the insiders. What is a financial statement? What does it tell us? Why should we care? T hese are good questions and they deserve an answer. A business is a financial entity separate from its owners. Each business must keep financial records. A number of federal and state laws require this. But even if there were no laws, it would still be a good idea anyway. Businesses provide vital goods and services to those living in the…
