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Stewardship

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Stewardship

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.
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  • September 24, 2016 at 8:23 am #341539
    rameeza
    Participant
    • Topics: 46
    • Replies: 30
    • ☆☆

    Sir, can you explain me how financial statements show the results of management’s stewardship?

    September 24, 2016 at 10:20 pm #341598
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54695
    • ☆☆☆☆☆

    They show how well management have been running the business – for example how much profit the business has made (in the Statement of profit or loss) and what they have done with the business’s money (Statement of financial position).

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