Uses of Financial Statements : Accounting Homework Help by Classof1.com

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Visit classof1.com/homework-help/accounting-homework-help/ for customized academic assistance in Accounting. Uses of Financial Statements : The financing, investing, and operating activities of a company are recorded by accounting systems in the form of detailed transactions. To effectively communicate a company’s activities to decision-makers, these detailed transactions are summarized and reported in a set of standardized reports called financial statements.