Abstract
The final product of the accountancy activity is materialized in the financial standings. Through these, all the transactions from the economical-financial activity of the company or entity are classified and synthesized in the view of the American organism of standardization. These type of flows show the capacity of the company to pay dividends, and interests, which, in exchange, influence the market value of actions and obligations issued. Thus, the American organism of standardization recognizes the primate of monetary flows before the result type information that are the consequences of applying a accruals basis of accountancy; supplying an information relative to the economical resources of the company, the obligations towards the creditors and owners, as well as the effects of the transactions or the events that put their fingerprint on the resources and the right regarding resources.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
