“One of the characteristics of financial statements is neutrality”- Do you agree with this statement?

Financial Statements show the financial position of the Company. Financial Statement such as  balance sheet depicts position of assets of the company strong enough to cover its liabilities. Thus, Neutrality is a Characteristic of Financial Statements.

Agree. Financial statements should be unbiased to protect stakeholders as shareholders, creditors, employees, regulatory agencies....etc & to Protect the public.