LIMITATIONS OF FINANCIAL STATEMENTS

[abhishreshthaa]

LIMITATIONS OF FINANCIAL STATEMENTS


The major limitations of the financial statements are as under:

1. Financial statement ignores the qualitative elements like quality of the
management, quality if the labor forces, public relations, etc…


2. Financial statements are not free from bias since the subjectivity is
inherent in personal judgments, involved in.

 

[rosemarry2]

LIMITATIONS OF FINANCIAL STATEMENTS


The major limitations of the financial statements are as under:

1. Financial statement ignores the qualitative elements like quality of the
management, quality if the labor forces, public relations, etc…


2. Financial statements are not free from bias since the subjectivity is
inherent in personal judgments, involved in.

Hello abhi,

Here I am sharing Study on Financial Statements - Analysis and Interpretation, so please download and check it.