1.   Almed with this information, one is prepared to undertake a serious examination of a complete set of financial statements.

2.   Another important objective of financial statement analysis is to develop a reasonable basis for forecasting the future.

3.   Detailed information relative to the specific characteristics of the long-term debt is disclosed in the footnotes to the financial statements.

4.   Full financial statements or additional information?

5.   Have an up-to-date credit report and, if needed, a financial statement from parents.

6.   In business organizations the increasing tendency has been to use the basic financial statements as a measure of performance.

7.   In practice, objectivity is the main constraint on achieving more relevant financial statements.

8.   In so far as this summary financial statement summarises the information in the annual accounts, those accounts have been audited.