Accountancy, asked by gopika65, 11 months ago

the primary objective of financial statement is to assist the users in their decision making . explain any three other objectives of financial statements. ​

Answers

Answered by chizfrancesanuncio
6

Answer:

● Prescribe the basis for presentation of general purpose financial statements;

● Ensure comparability both with the entity’s financial statements of previous periods and with the financial statements of other entities.

● Sets out overall requirements for the presentation of financial statements.

● The recognition, measurement and disclosure of specific transactions and other events are dealt with in other Standards and in Interpretations.

Explanation:

Answered by nirrotamv
0

Answer:

what is primary objective of financial statment

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