Executive Summary backsheesh hold in have recently released there 2010 annual news report. This report has been assessed to determine whether the non- monetary statement sections can be evaluated using the Framework for the Preparation and Presentation of Financial logical arguments. The results of the appraisal demonstrate that the sections can be evaluated using this criteria for Crown Limiteds annual report. As the company is a oversize competitor in the entertainment and gaming industry a lot of reliance is placed on the information presented in their annual report. The non-fiscal section information in the report complements the financial statements and is useful for both internal and external stakeholders. Without the additional sections the users of the report would struggle to understand the situation which the business is in and the authoritative value of the financial results obtained during the year. For this causal agency it is recommended to maintain the non-financial statement sections in the annual report. Introduction The annual reports of a business serve umteen functions. Most all important(predicate)ly they provide valuable information to the stakeholders of the business. For this reason the annual reports of a business provide both financial and non-financial information relevant to the running of the business.
The annual report for Crown Limited provides extensive financial and non-financial information to their stakeholders. This report will determine whether all of these elements can be evaluated using the criteria in the AASB Framework for the Preparation and Presentation of Financial Statements. Assessment of the Non-Financial Statement Sections of the Annual Report The annual reports of a company are important to aid decision makers, and inform stakeholders. Based on this formula the AASB Framework for the Presentation and Preparation of Financial Statements identifies fundamental properties of reporting information. These are known as qualitative characteristics and the... If you want to thump a full essay, order it on our website:
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