For geniusy_2006

Write a 350- to 700-word summary in which you do the following:

 

  • Identify the four basic financial statements.
  • Describe the purpose of each of the four financial statements.
  • Discuss how the financial statements would be useful to internal users such as managers and employees.
  • Discuss how the financial statements would be useful to external users such as investors and creditors.

Format the summary consistent with APA guidelines.