Those efforts have focused on detecting and preventing fraud, improving audit quality, contributing to more-effective corporate governance, and enhancing the value of business financial reporting.
Auditors, accountants, investors, management, business owners.
by limiting their financial liability
Investors look at financial ratios to understand how businesses are performing. They use this information to determine whether they would like to invest or not.
Investors look at financial ratios to understand how businesses are performing. They use this information to determine whether they would like to invest or not.
Accounting information is presented to internal users in the form of management accounts, budgets, forecasts andÊfinancial statements. External users are communicated accounting information in the form of financial statements. These users are creditors, tax authorities, investors, etc..
The process of creating a financial instrument by combining other financial assets and then marketing them to investors.
there are 3 component of financial environment. there are financial manager, financial markets and investors ( including creditor).
investors
Shareholders
They reduced financial risk for individual investors
by limiting their financial liability
principle