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2. Trueblood Committee - Wikipedia

   en.wikipedia.org/wiki/Trueblood_Committee

   The AICPA began hunting for new objectives of financial statements because prior to the development of the Trueblood Committee many accountants were confused and dissatisfied with the current objectives. [3] Identifying the objectives to financial statements was the purpose behind the creation of the Trueblood Committee. [4]

3. Goal - Wikipedia

   en.wikipedia.org/wiki/Goal

   A goal or objective is an idea of the future or desired result that a person or a group of people envision, plan, and commit to achieve. [1] People endeavour to reach goals within a finite time by setting deadlines .

4. Statement of objectives - Wikipedia

   en.wikipedia.org/wiki/Statement_of_objectives

   The statement of objectives is one part of a request for proposal from the U.S. Government. The statement of objectives is an alternative to a government prepared statement of work (SOW). [1] A SOO provides the government's overall objectives and the offeror's required support to achieve the contractual objectives.

5. Financial accounting - Wikipedia

   en.wikipedia.org/wiki/Financial_accounting

   The balance sheet is the financial statement showing a firm's assets, liabilities and equity (capital) at a set point in time, usually the end of the fiscal year reported on the accompanying income statement. The total assets always equal the total combined liabilities and equity. This statement best demonstrates the basic accounting equation:

6. Financial statement - Wikipedia

   en.wikipedia.org/wiki/Financial_statement

   "The objective of financial statements is to provide information about the financial position, performance and changes in financial position of an enterprise that is useful to a wide range of users in making economic decisions." Financial statements should be understandable, relevant, reliable and comparable.

7. Mission statement - Wikipedia

   en.wikipedia.org/wiki/Mission_statement

   A mission statement aims to communicate the organisation's purpose and direction to its employees, customers, vendors, and other stakeholders. A mission statement also creates a sense of identity for employees. Organizations normally do not change their mission statements over time, since they define their continuous, ongoing purpose and focus. [5]

8. International Financial Reporting Standards - Wikipedia

   en.wikipedia.org/wiki/International_Financial...

   Objective of financial statements [ edit ] The Conceptual Framework states that the primary purpose of financial information is to be useful to existing and potential investors, lenders and other creditors when making decisions about the financing of the entity and exercising rights to vote on, or otherwise influence, management's actions that ...

9. Generally Accepted Accounting Principles (United States)

   en.wikipedia.org/wiki/Generally_Accepted...

   In 2009, the Codification superseded the FASB's Statements of Financial Accounting Standards. 168 standards had been issued before the Codification. Concepts Statements , first issued in 1978. They are part of the FASB's conceptual framework project and set forth fundamental objectives and concepts that the FASB use in developing future standards.