Читать книгу Cost Accounting For Dummies - Kenneth W. Boyd - Страница 53

You have a number of stakeholders who need timely and accurate financial statements, including these two groups:

 Creditors: If you take out a business loan, your banker will need to see your firm’s financial statements. Your financial performance determines whether you can make principal and interest payments on your loan.

 Investors: An investor can profit from selling an investment for a profit, or by receiving a share of a company’s earnings as a dividend. Your investors want to know if your firm is profitable, and if sales are growing over time.

To apply GAAP standards, you need to know the basics. Remember that the goal of using GAAP is to create financial statements that are clear and consistent, so that stakeholders understand company results.