List any three objectives of financial statements?

Explanation

The objectives of making ready money statements are:


1. A financial plan provides timely and reliable data on the economic standing of an organization on a periodical basis. It additionally makes data obtainable to external users or stakeholders World Health Organization don't have direct access to the data.


2. A financial plan helps in revealing verity money position of an organization. It contains data associated with liquidity, gain, money viability associated economic condition of an organisation.


3. A financial plan is useful in evaluating the earning capability of a firm.