What are the three primary objectives of finance reporting


Discussion Post

• Accounting is sometimes described as the language of business. what us meant by this description?

• When you invest your saving in a company, what is the different between return on your investment and the return of your investment?

• Starting with the most general and moving to the more specific, what are the three primary objectives of finance reporting?

• What are the three primary financial statements with which we communicate financial accounting information

• What is meant by generally accepted accounting principles, and how do these principles add to the integrity of financial accounting information?

• What is the definition of internal control, and what are the five component of COSO's internal control framework?

• What is an audit, and how does it add to the integrity of accounting information?

• What is a securities and exchange commission ( SEC) and what is its role external financial reporting?

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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Accounting Basics: What are the three primary objectives of finance reporting
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