SYSTEM INFORMACYJNY A PRZYDATNOŚĆ SPRAWOZDAŃ FINANSOWYCH
INFORMATION SYSTEM VS. THE USEFULNESS OF FINANCIAL STATEMENTS

Summary/Abstract: Information is power, and well-presented, readable is necessary to assess the financial situation of the audited entity. When analyzing the exposure in the reports, one can notice that their volume is constantly increasing. So, is the current financial statement formula perfect? Can it be improved? These dilemmas forced the author to take up such a topic. The aim of the article is to attempt to create a balance sheet as part of the financial report in a new formula that would inform the recipient in a simple and legible manner with both a large and lesser knowledge in this area. Research hypothesis: current financial statements have not changed for decades Research methodology: the subject was analyzed in the aspect of the presentation of financial statements, factual analysis and cause and effect analysis. Result: changes in reporting are certainly needed.

• Details
• Contents