Stakeholders reaction to issuance of financial statement
Not what you're looking for?
How would the stakeholders react to late financial statements, even if the infomation included in the statement was positive?
Purchase this Solution
Solution Summary
This explains the stakeholders reaction to late issuance of financial statements.
Solution Preview
Accounting is the means by which information about an enterprise is communicated and, thus, is sometimes called the language of business. Many different users have need for accounting information in order to make important decisions. These users include investors, creditors, management, governmental agencies, labor unions, and others. Investors and other stakeholders in the firm need regular financial information to help them monitor the firm's progress.
Thus the financial reporting should provide information that is:
(en.wikipedia.org)
? Useful to present and potential investors ...
Purchase this Solution
Free BrainMass Quizzes
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
Learning Lean
This quiz will help you understand the basic concepts of Lean.
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Introduction to Finance
This quiz test introductory finance topics.