A Financial Statement Review Emphasises Four Broad Areas

question 41

Essay

A financial statement review emphasises four broad areas.State the four areas which are emphasised.

---

Definitions:

Hedge Derivatives

Hedge derivatives are financial instruments used to reduce or mitigate the risk of adverse price movements in an asset, typically involving futures, options, and swaps.

Cash Flows

The total amount of money being transferred into and out of a business, especially affecting its liquidity.