You are the head of an investigative team, and your supervisor has asked you to put together a presentation for the next training session for new team members. Your focus is on the financial statements of a corporation. You have been tasked with providing a proposal that describes what you will discuss in the presentation. Your proposal should cover the following:
What kind of information would be found on corporate financial statements?( what is being communicated on the statement of equity, income statement, and the balance sheet)
Explain how the users of these statements (i.e., investors, creditors, or government agencies) could use the information to help make better informed decisions.
Include 4–5 cited references to support the information that you plan to provide.
Sample Solution