What is one of the main objectives of financial reporting?

Market analysis and customer research

Analysis of current employee salaries

Relevant information about the amount and time of future cash flows

Securing funding for future projects

1 answer

One of the main objectives of financial reporting is to provide relevant information about the amount and time of future cash flows. This information is essential for stakeholders, including investors, creditors, and management, to make informed decisions regarding the financial health and performance of an organization.