Role of financial statements as management tools to companies that use and exploit natural resources
AbstractStatements and financial reports are tools allowing managers as well as external analysts to make quality and / or quantitative value judgments regarding status, dynamics and prospects of a firm. By analyzing these instruments, internal and external information is processed in order to formulate relevant assessments on the situation at the company level and on the quality of its performance, at the degree of risk in a competitive environment.
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Bibliographic InfoPaper provided by Osterreichish-Rumanischer Akademischer Verein in its series Papers with number 2010/55.
Length: 7 pages
Date of creation: 23 Apr 2010
Date of revision:
Balance sheet; income statement; cash flow picture;
Find related papers by JEL classification:
- A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
This paper has been announced in the following NEP Reports:
- NEP-ACC-2010-05-02 (Accounting & Auditing)
- NEP-ALL-2010-05-02 (All new papers)
- NEP-RMG-2010-05-02 (Risk Management)
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