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Financial Statements are the representation of ___ ?

A - The Auditor

B - The board of Directors

C - The AICPA

D - The Management

E - Other

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Question added by Shamseer KM , Accounts and Admin Payroll , KBM Group
Date Posted: 2016/05/07
Sara Naeem
by Sara Naeem , Trainee Finance officer , Wah Brass Mill

Always it's option D) The management...good question best of luck.

Deleted user
by Deleted user

D. Management (Management is responsible for preparation and presentation of Financial Statements as per GAAP and IFRS)

Salman Taimur
by Salman Taimur , International Accounting Manager , Kpler

The responsibility and liability of creating financial statements is upon the management of an Organisation.

Tamer Elbeshbishy
by Tamer Elbeshbishy , Financial and Administration Manager , Muscat Towers Holding Group

The Answer is "Management" That who are responsible for the preparation and presentation of Financial Reports

Wasim khan wazir
by Wasim khan wazir , Finance Specialist , Mott Macdonald

Preparation of financial statement is responsibility of management. 

Muhammad Sabith
by Muhammad Sabith , Accountant , SIMORA

.........................The management...........

 

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