Anonymous asked in Business & FinanceOther - Business & Finance · 2 months ago

Why it is necessary to clearly disclose details such as gains and losses especially for bigger companies?

1 Answer

  • Bill
    Lv 6
    2 months ago

    If it’s a public company, it’s cheating if the financial statements are not true. Integrity in the stick market is important. Do you want to buy stock in a company that says they are profitable but really isn’t?  

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