Nowadays constantly changing market conditions in the world have a lot of pressure on economic subjects, reducing the allowable time decision-making and response to environmental changes. Business entities are in dire need of credible and reliable sources of information to make timely management, investment and financial decisions. Currently, the main source for this information is the financial statements. There are various interpretations of the financial statements, but the most meaningful definition is that given in the International Financial Reporting Standards (IFRS). In accordance with IAS1 “Presentation of Financial Statements” Financial Statements - statements designed to meet the needs of those users who are unable to obtain statements prepared specifically to meet their particular information needs.[1]
INFORMATION REQUESTS OF FINANCIAL STATEMENT USERS
Laura Baituova, Karlygash Madibayeva (Astana, Kazakhstan) | Завантажити статтю