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Financial statement of a fund or scheme indicates past performance thus giving investor confidence on its future prospect.
The subject of the disclosure of the most important elements of the financial market and efficient basis of integrity and continuity of the performance of his duties successfully, so as to ensure attracting wider participation in underwriting Basaddarath in its home market of primary, dealing equity instruments listed on the market high, and leads disclosure within the financial market plays an important role in the reduction of rumors misleading and elimination and the achievement of justice in dealing
Yes. Financial statement indicate the past performance of the company. And every investor want to invest in those company from where he can get best return on investment. Hence, financial statement help the investor to take a decision to invest or not to invest in that company.
But investment decision will be depended on how much risk the investor can take. If the investor is high risk taker, then he may invest in low peforming company. But if the investor is risk averse then he will invest only in high perfroming company. Indeed, ultimate aim is best return on investment.
Yes indeed; an audited financial statement reflect the true state of affairs and the financial health of an enterprise. Hence potential investors who are willing to purchase the stock or any financial instrument would certainly look into the annual report to support their investment decisions.
Are you seriously asking this question after studying all accountancy?
present and potential investors, creditors (bankers and suppliers), governmental institutions like inland revenue authority are among those external users of the financial information of an entity who receive the financial information in the form of financial statements.
Financial statements provide an entity's past performance and a potential investor requires to review an entity's financial statements so as to make his/her investment decisions.
Therefore, my answer for you question is yes.
