[vc_row full_width=”” parallax=”” parallax_image=”” has_content=”true”][vc_column width=”1/1″][vc_column_text css_animation=””]Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of Financial Accounting Concepts No. 1, are to provide information that
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