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For any organization, it is essential to have a good source of finance. The three major sources of finance as explained by our expert’s are-
1. Debt capital
2. Equity capital
3. Preferred stock
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An investor has to know the whole thing regarding the company’s current financial position in order to make an investment. To convey its financial presentation to investors, shareholders and the market in general, financial reporting is the method used by the companies. According to the accepted accounting principles, all publicly listed companies should state their quarterly or annual financial statements. Independent authorities can examine these statements according to the international accounting standards. There are three major types of financial accounting statements are:
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