Critical analysis of the financial statements
Accounting is no longer just about recording financial transactions in regular records using a computer or a manual method; it's now about overcoming the major obstacles that may prevent accountants from providing information useful for decision-making at various levels, and because accounting systems assist units in achieving their objectives, the efficiency and effectiveness of these systems are critical. The efficiency of the units is reflected in the systems, which are decided by the degree to which the objectives are met. Transparency, honesty, and openness are all words that come to mind when thinking of disclosure, transparency, and They serve as a reflection of accounting activities and results. As a result, careful analysis of financial statements is crucial in board of director decision-making for corporations and investors.