PdfPrep.com

Which of the following most accurately describes the overall objective of financial reporting?

Which of the following most accurately describes the overall objective of financial reporting?
A . Provide information that is useful for decision making
B . Enable International Accounting Standards Board (IASB) to issue more useful and consistent pronouncements
C . Enhance and organization’s financial consistency over time as Board members change
D . To classify an organization’s stakeholders as either internal or external information users

Answer: A

Exit mobile version