Week 2 – Understanding the game

This was a very interesting read for me. Again I have more questions than answers after reading this chapter, but I am sure these questions will be answered throughout the term. The section that I found really interesting and stuck with me the most was the two key qualities of financial statements. I know these two qualities, relevance and faithful representation, will really help me in decoding my own company’s financial statements. My company has added what they’re expecting their economic growth to be in the coming years, so I now need to incorporate these qualities into my interpretation of these statements. Next week I will provide all information and data in relation to my company.