Question

Mention the objectives of financial reporting.

Answer 1

Answer:

According to International Accounting Standard Board (IASB), the objective of financial reporting is “to provide information about the financial position, performance and changes in financial position of an enterprise that is useful to a wide range of users in making economic decisions.”

Answer 2

Explanation:

According to International Accounting Standard Board (IASB), the objective of financial reporting is “to provide information about the financial position, performance and changes in financial position of an enterprise that is useful to a wide range of users in making economic decisions.”

⚈⃝    ⌣⃝    ⚈⃝    

SMILE...☺☺