Użyteczność decyzyjna informacji zawartych w sprawozdawczości finansowej
Usefulness for decision making of information provided by financial statements

Summary/Abstract: Financial reporting aims to provide information to actual and potential conctracting partners of an enterprise and to the public. From theoretical point of view, it is not clear if and how these obiectives can really be achieved by financial reporting. To discuss this topic, it is necessary to explain what decision usefulness means, what the concepts of measuring financial position and performance are, and especially what drawbacks are generally associated with financial reporting. The article is organized as follows: Section 2 explains the term decision usefulness as well as ambitious concepts of using financial statements to measure wealth and income. Section 3 shows some limitations of the statement of cash flows, especially in helping to make cash flow predictions. Section 4 concludes.

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