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Identify the four basic financial statements. Describe the purpose of each of the four financial statements. Discuss how the financial statements would be useful to internal users such as managers and employees. Discuss how the financial statements would be useful to external users such as investors and creditors.

Write a 700- to 1,050-word paper in which you do the following:

  • Identify the four basic financial statements.
  • Describe the purpose of each of the four financial statements.
  • Discuss how the financial statements would be useful to internal users such as managers and employees.
  • Discuss how the financial statements would be useful to external users such as investors and creditors.

 

Format the paper consistent with APA guidelines.

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