The Company's external stakeholders find a lot of information from it's financial reports. Comprises data that serves as the foundation for decision making, such a cash flow, financial status, and financial performance. Financial report readers will be able to evaluate a company's efficacy and efficiency using the data offered in financial reports as a standard. In order to get financial report consumers' attention, management will therefore make every effort to portray financial report numbers as clearly as possible. But ocassionally, this might lead business to give investors false information in an attempt to appease them.
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