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Can You Really Understand Financial Statements?, Alloysius Joshua Paril
Can You Really Understand Financial Statements?, Alloysius Joshua Paril
Center for Business Research and Development
Financial statements are an interesting species, if I may say. In those several pages, an entire picture of an entity is painted, at least in the financial aspect. As almost everyone knows, financial statements give us an idea of a company’s performance during a particular period and condition as of a specific date. These documents are able to summarize everything that happened to a company during a 12-month period—probably more efficient than any document could.
Needless to say, these documents enable its users to decide on what to do with respect to that company. Investors take a look at financial …