Finance
Textbooks
Boundless Finance
Financial Statements, Taxes, and Cash Flow
Finance Textbooks Boundless Finance Financial Statements, Taxes, and Cash Flow
Finance Textbooks Boundless Finance
Finance Textbooks
Finance

Section 1

Introducing Financial Statements

Book Version 3
By Boundless
Boundless Finance
Finance
by Boundless
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3 concepts
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Defining the Financial Statement

Financial statements report on a company's income, cash flow and equity.

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Uses of the Financial Statement

Financial statements are used to understand key facts about the performance and disposition of a business and may influence decisions.

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Limitations of Financial Statements

Financial statements can be limited by intentional manipulation, differences in accounting methods, and a sole focus on economic measures.

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