What is the most general objective of financial reporting, Financial Accounting

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What is the most general objective of financial reporting

Response to the following questions:

1. What is the "conceptual framework" of the FASB? What are the titles of the Statements of Concepts issued by the FASB?

2. What is the most general objective of financial reporting? Who are investors and creditors?

3. What is the "derived external user objective" and why is it important?

If possible, please give examples to better understand your response.

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Financial Accounting: What is the most general objective of financial reporting

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Financial Accounting: What is the most general objective of financial reporting

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