Lesson 1(a) - We all know that a business no matter what...

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We all know that a business no matter what industry you are in, what size, what kind of management, the financial sector must exist, and it is the investors, superiors, business decision- makers in particular focus. For example, investors and decision-makers want to know the cash flow, the company's profitability, or when the product credit, credit and ability to pay whether the object is within a certain period of time companies, etc., related to business development and self-interest to do. Therefore, in what way they understand and analyze the situation? They understand the financial situation and the evaluation of the enterprise whether a company is one of the main methods is the ability to pay cash analysis, research financial statements. The financial statements are the facts actually happened statements, and it is in monetary units. There are four financial statements, and each of them has different purposes. They are income statement, statement of owner’s equity, balance sheet and statement of cash flows.

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