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Finance School of management Review of financial statements Financial statements Provide information (clues) to the owners creditors of a firm about the current status and past performance. Provide a convenient way for owners creditors to set performance targets to impose restrictions on the managers of the firm. Provide a convenient templates for financial banning pl uesTc3 Finance School of Management Review of Financial Statements ❖ Financial Statements – Provide information (clues) to the owners & creditors of a firm about the current status and past performance. – Provide a convenient way for owners & creditors to set performance targets & to impose restrictions on the managers of the firm. – Provide a convenient templates for financial planning
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