FACC -
conceptual
framework for
financial
reporting 2024
latest update
who are the users of financial statements and why?
(7)
1) general public: want to know if this company can
hel boost the economy
2) government: want to know if the company is
growing
3) potential customers: want to know if the
company can complete the contract
conceptual
framework for
financial
reporting 2024
latest update
who are the users of financial statements and why?
(7)
1) general public: want to know if this company can
hel boost the economy
2) government: want to know if the company is
growing
3) potential customers: want to know if the
company can complete the contract