It also gives the detailed explanation of various changes that have been made in different items. Management uses the statement of stockholders equity for reviewing the retained earnings and dividend payments made to the shareholders. Falling retained earnings needs to be checked by organization and whether Emirates airlines has sufficient funds to pay off their obligations.
The financial statements prepared by a business organization are used by a number of users, both internal and external. These users have their own interests in understanding and using the financial statements.
You are required to select a company of your choice and identify the various users and discuss which and why these financial statement is used by each of these users.
Issues in financial accounting. Pearson Higher Education AU.
The economic importance of financial literacy: Theory and evidence.
Visual tools and narratives: New ways to improve financial literacy.
International Classification of Financial Reporting 3e.