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Financial statements as "Business card" of business

By Blagica Jovanova and Olivera Gorgieva-Trajkovska

Abstract

Each organization communicates a certain way with interested groups. It is essential that communication regarding the financial position of the organization.Since it is as interested parties outside the organization, such as lenders, investors, suppliers, public authorities and "insiders" - officers and auditors. In this sense, the financial statements is not only a snapshot, which presents the status of the organization at a time, but also a tool based on that analysis carried out, forecastsand decide on major transactions and / or investments in the enterprise. Therefore,the financial statements set serves as a kind of communication tool for the company, especially if it contains all required elements of the standards, including the report. КЕУWORDS: analysis, communication, presentation of company, accounts

Topics: Economics and business
Publisher: INTERNATIONAL BUSINESS SCHOOL BOTEVGRAD
Year: 2012
OAI identifier: oai:eprints.ugd.edu.mk:1718

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