As a day trader i always trust on charts and news instead of numbers but i want to know the direct relationship that is between the company and accounts.Why is
this field so crucified and so important (leave the salary issue of accountants it is miserable)
Fundamental analysis and accountany why is it important ?
(2 posts) (2 voices)-
Posted 4 months ago #
-
yeah ,this is my field . I will not waste more time and would love to give you answer in copy paste mode.
Accounting treatments affect the financial data that is largely required by various stakeholders including investors, regulators and others to assess the
financial performance and soundness of firms.We all know that.Without accountancy or accountants it would be really hard to find out the value of businesses and their
economic characteristics.In practice perceptions of complex institutions are
heavily influenced by the accounting conventions
used in financial statements. This is unsurprising,
given that what is generally observed is the way that
economic substance is measured and reported in
published accounts.Posted 4 months ago #
Reply
You must log in to post.