Title: Objectives of Financial Accounting and Reporting from the Viewpoint of the Financial Analyst
Abstract:The Accounting Objectives Study Group (the socalled Trueblood committee) of the AICPA has been given a broad charter to examine old and new concepts concerning accounting principles, financial stateme...The Accounting Objectives Study Group (the socalled Trueblood committee) of the AICPA has been given a broad charter to examine old and new concepts concerning accounting principles, financial statements, reporting and disclosure practices, and newly conceived demands for data such as social responsibility performance and financial forecasts. The purpose of the following statement, prepared on behalf of the Financial Analysts Federation by its Financial Accounting Policy Committee, was to present to the Study Group the objectives of financial accounting and reporting from the viewpoint of the financial analyst. The Committee found among its members and other senior financial analysts substantial consensus on the broad objectives of accounting for investment analysis. The Committee's statement on these objectives is presented below under seven broad headings: Objectives of financial statements. The role of accounting information in investment valuation.Read More
Publication Year: 1972
Publication Date: 1972-07-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 4
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