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Accounting

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what are the outside factors upon which the conclusions drawn from financial statements and financial statement analysis are reliant?

Please help!! I'm trying to finish a VERY long accounting paper and got stuck with this question, have no clue, someone please help!! Thanks

  • Accounting -

    The major purposes of financial statements
    o The type of information financial statements provide
    o The limitations of financial statements
    o The outside factors upon which the conclusions drawn from these statements are reliant
    o How items in common-size statements are presented
    o How ratios in ratio analysis are computed and used
    o Why most financial analysts prefer ratio analysis to common-size statements

  • Accounting -

    the outside factors upon which the conclusiondrawn from these statements are reliant

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