would you think that statement of financial position show true and fair view of any organization???

The purpose of the budget preparation is simply the statement of financial position of the company and are therefore prepared for decision-makers in a simple, can be understood by any human being sane where it appears assets (property company) and obligations (external liabilities of the company) and property rights (obligations internal company owners) and where the company is personal legal, moral and legal, the financial position financial center like any normal human being any what is owned and what is committed to him and therefore know the net property (property rights)The disadvantages that some of its items measured at historical cost, such as fixed assets that do not reflect the value of the ground and other defects confined that some of its provisions are subject to the estimates of personal and that's where estimates are personal are based on the man who makes a mistake and infects they do not reflect the real, such as complex depreciation of fixed assets and all the benefits and all contingent liabilities.