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Topic: |
Miscellaneous
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Number of pages / Number of words: |
10 / 2570 |
Essay's paper body
The reviewer is an independent accountant called
an auditor. These reports represent, usually, the only
communication a company has with stockholders and other
outsiders. They are prepared in accordance with rules
known as Generally Accepted Accounting Principles,
which are established by professional organizations of
accountants...
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A standard set of financial statements is
always included in an annual report. The statements include
the following: The balance sheet compares the firms's
assets and liabilities. Assets include cash, accounts
receivable (moneys owed to the company), the cash value
of inventories, and the worth of property, plant, and
equipment...
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