Financial Statements Crucial in Funding Decisions, Impacting Borrowing and Fairness
The article discusses how financial statements are crucial in funding decisions. By analyzing these statements, parties can determine if funding should be granted. The study used a private company as a sample and found that financial reports play a key role in funding decisions. It was also discovered that meeting financial obligations is linked to the accuracy of financial reports. The article recommends increasing disclosures in financial statements and conducting further studies on financial policies for funding decisions.