Читать книгу Financial Accounting For Dummies - Maire Loughran - Страница 18

All three categories of financial statement users share a common need: They require assurance that the information they are looking at is both materially correct and useful. Materially correct means the financial statements don’t contain any serious or substantial misstatements. In order to be useful, the information has to be understandable to anyone not privy to the day-to-day activities of the company.

Investors and creditors, though sitting at different ends of the table, have something else in common: They are looking for a financial return in exchange for allowing the business to use their cash. Governmental agencies, on the other hand, don’t have a profit motive for reviewing the financial statements; they just want to make sure the company is abiding by all tax codes, regulations, or generally accepted accounting principles.