ACCT868 Financial And Managerial Decision Making For Stakeholders

Question 1: Presentation of Financial Statements
In evaluating a company should a User rely more on accounting profits or cash flow.

Question 2: Presentation of Financial Statements
The Financial Statements contained in published Annual Reports have been prepared to comply with GAAP, which provides limited information for some Users. Identify who these Users would be and discuss the limitations to Users of these financial statements?