Abstract
Describes the limitations and uses of financial statements by outside financial analysts particularly limitations arising from differences in accounting conventions, and discrepancy between book value and realizable value due to change in price levels and the nonmonetary factors, which are not quantified in the financial statements. It discusses the problem of interfirm comparison, and gives a bibliography of further readings as well.
Additional Information
| Product Type | Technical Note |
|---|---|
| Reference No. | F&A0150TEC |
| Title | The Analysis of Financial Statements: Uses and Limitations |
| Pages | 7 |
| Published on | Jan 1, 1972 |
| Authors | Shah, B G; |
| Area | Finance and Accounting (F&A) |
| Discipline | Accounting, Finance, Organizational Behaviour, Quantitative Methods |
| Sector | Miscellaneous |
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