What are the Objectives of Financial Accounting , Write some Financial statements name

 Ans.:

 Objectives of Financial Accounting:

 · To kno%\ the results of the business

· To ascertain the financial position of the business

· o ensure control over the assets

· To facilitate proper management of cash

To provide requisite information

Q. Write some Financial statements name.  Ans.:

·                    Balance Sheet

·                    Cash flow statement

·                    Income statement

·                    Statement of retained earnings

·                    Notes

·                    Management discussion and analysis

Auditing

·     Auditor's report

·     Control self-assessment

·     Financial audit

·          GAAS % ISA

·     Internal audit