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Overview of Financial Statements

Felix I. Lessambo ()
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Felix I. Lessambo: Fordham University

Chapter Chapter 1 in Financial Statements, 2022, pp 3-24 from Springer

Abstract: Abstract Financial reporting plays a crucial role in supporting the efficient functioning of the capital markets. Sound financial reporting increases investors’ confidence, which in turn leads to better capital allocation decisions and economic growth. The International Accounting Standard Board, the European Union Financial Reporting Advisory Group, the Financial Accounting Standard Board, and many other standard-setters are continuously working to improve financial reporting quality.

Keywords: FASB; IFRS; MD&A; Interim statement (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-15663-2_1

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DOI: 10.1007/978-3-031-15663-2_1

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