The comic presents the inside out of financial statements. It is clear that financial statements are important. However, it has not been clear yet why additional information is treated unfairly. Anthony?s question and Felix?s answer lead to a conclusion that it is sufficient to print the additional notes with a larger font to increase interest in that part of the document. Why not go further ... Perhaps additional information should be made as a film where the accountant will relate in detail each balance sheet item? He will say how he calculated income tax or how he performed an impairment test ... What do you think?
Why do we love additional information?
Tags: how to calculate corporate tax impairment of assets fixed assets impairment indicators
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