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Explain three key considerations that are required prior to preparation of financial statements?

Accounting Cost Accounting Financial Accounting Financials Finance
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Question added by Mohammed El Tahir Mohammed Yousif , Finance Manager , Factory of Golden Block Company for Cement Products
Date Posted: 2017/03/16
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Mohammed El Tahir Mohammed Yousif
by Mohammed El Tahir Mohammed Yousif , Finance Manager , Factory of Golden Block Company for Cement Products

1. Complete record & finalization of all transactions related to the reported period.

2. Completion of all adjustment entries

3. Verification of opening balances.

 

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