Accountancy, asked by yashminerana, 7 months ago

Factor affecting demand for financial statement information

Answers

Answered by dhruvi9988
1

The demand for financial statements by employees can arise from several motivations. Employees have a vested interest in the continued and profitable operations of their firm; financial statements are an important source of information about current potential future profitability profitability and solvency

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Answered by hemakumar0116
0

Answer:

Human resource competences, internal control systems, the calibre of governmental institutions, the usage of information technology, and the efficacy of supervision are the elements that are thought to have an impact on the quality of financial statement information (Sianturi, 2016; Augustina, 2015). (Suwanda, 2015).

Explanation:

Human resource competences, internal control systems, the calibre of governmental institutions, the usage of information technology, and the efficacy of supervision are the elements that are thought to have an impact on the quality of financial statement information (Sianturi, 2016; Augustina, 2015). (Suwanda, 2015).

Employee requests for financial statements might have a variety of causes, to be sure. Financial statements are a crucial source of information on present profitability, prospective future profitability, profitability, and solvency. Employees have a vested interest in the ongoing and profitable operations of their company.

Price Variations Supply and demand are strongly influenced by price changes, which also affect income and credit. Changes in credit availability and income levels can have a significant impact on supply and demand. ... the presence of rival products or services;... trends;... commercial advertising;... seasons.

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