Cash flow in the financial statements
Some reporting entities prepare an obligatory separate cash flow statement as part of the financial statements, others prepare it voluntarily – e.g. based on the requirements of users, typically investors. Some…
The Difficulty of Making Accounting Estimates ‒ The Impact of Foreign Exchange Rate
Some accounting estimates are very difficult to assess and evaluate, both for company management and auditors. In addition, even seemingly simple estimates may be of surprise in terms of their partial component…