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Finance
Processes
Limitations of financial reports
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Created by
parris triantos
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Subdecks (6)
Debt repayments
Business > Finance > Processes > Limitations of financial reports
2 cards
Notes to the financial statements
Business > Finance > Processes > Limitations of financial reports
2 cards
Timing issues
Business > Finance > Processes > Limitations of financial reports
1 card
Valuing assets
Business > Finance > Processes > Limitations of financial reports
2 cards
Capitalising expenses
Business > Finance > Processes > Limitations of financial reports
2 cards
Normalised earnings
Business > Finance > Processes > Limitations of financial reports
2 cards
Cards (12)
Overall
There are
limitations
to financial reports
They can be
misinterpreted
and can be misleading, both of which will impact on the
decision
making of management and potentially put the business at risk
See all 12 cards