Why are current and historical financial statements important to IBM?© BrainMass Inc. brainmass.com October 10, 2019, 8:31 am ad1c9bdddf
Financial statements are important because they explain the performance and value of the company. Investors need these statements to measure a company's worth. Together with other analysis tools, financial statements can help management develop better strategies for improvement and progress.
According to Porter & Norton in their book Financial Accounting: The Impact on Decision Makers, IBM has an effective internal control structure which consists of the organization's very clearly defined lines of responsibility as well as a comprehensive internal control ...
* the importance of financial statements
* a brief description of IBM's internal control structure
* why it is important to inspect the current and previous financial statements of IBM
* 277 words
* two non-APA references