Финансиско известување - цели и задачи

Abstract

Financial reports are universally accepted tool for analyzing the operation of a business entity. Properly interpreted they reveal how a company works and how well it worked in the past. The main objective of financial reporting is to provide information that will benefit current and potential investors, creditors and other interested parties in making investment, credit and other business decisions. Thus, users of this information can assess the value, timeline and uncertainty in achieving the future cash inflows and outflows of the company (future cash flows). This information is essential in assessing the company’s ability to generate net cash inflows that will provide a return on investment to investors and creditors.