Tels Ped Pr md Pdeet irene rn e Thine erp Beet Ses etl wy tipo te norman an a a i ey soe, Spams ae Y OBJECTIVE OF FINANCIAL REPORTING ‘eye wc ngSeca ren A AN Cotes one ee NDERSTANDAB\LITY REA CSTANCARI ITE eateries tenes BATS She at ie mv vats condi sr tee eaten to ‘Meroe fh aimee 237 Pe are a tly wt en teh tr econ na re ann "SECONDARY VES OF FINANCIAL REPORTING % 4+ Rett Praypectve Cash Receipts to lavestors and Creditors ‘To be useful, information must be relerant, s Ieee Wty eck tcp, how enc ca icc Be oe eee ce 1 In didnt? ample I Br rok of ie wack? pte llescnce ia decion? Kon Ween ; il venen o's—Theaey i he nancial sateen punt Sah NA “Bunker: It ead wioncy wo thin company, how much cash wil cece Been. batikers, and other users ultimately care about their cash receipts, but wa lend aie Bows, ¥ . RELIABILITY Acompany’s cash Doms are inherent to dhe infra the 8 ah sect (ats tables, and owners © Uacme sateen (erenuc and exponen) Exhibit 21 summaries the obj someone consiering whe ea on i pen ions or evens tha i psp to fepresent"* Reliabil ce hse characteris Retaiiy ‘ha ay makes Hevea necanmate wie ieee a hing up the com pl for an ase ia sont. ea ‘4a buy stock in Finish Line. The o undesand boe sncthing iit sould be lege eas tan ean be spc a cr 8 Abstract ssc of Gnancial reporting obj dness Information is representasionally faithful when — OORRRAE es 1 seta events when the purchase flan correspon the company's rexonds ’ ‘ation is neutral when ic nt san porteay oma . ‘ot worse light dan the ata ecumstaness would ale ; Ihe probable losses from a major suit ae disney inthe noi co the financial statements with allt potentials on He mi pany, caer chan minimized sa very emote possible ls cision making, what makes this ‘qualities that accountants suive 6 challenges hey fa ect oe ASEAC Ne 2 par corte ala A a