HCA 312 UAGC Week 4 Purpose of Financial Statements Discussion
It is important for non-financial managers to be able to identify financial statements and understand their purpose. For your initial response, you will need to discuss the following:
- Name the four basic financial statements.
- Choose one of the four and evaluate its purpose for the organization, including its role in the budgeting process.
- Explain what type of information can be derived from each statement.
- Describe the major purpose of financial statements.
