Utility of current accounting structure
mrdrvz@gmail.com (126 Points)
15 April 2018mrdrvz@gmail.com (126 Points)
15 April 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177721 Points)
Replied 16 April 2018
" My question is why accountants are not preparing statements for future projections which can be used by shareholders. "......
Future prediction cannot be certain, because parameters change drastically with global effects, specifically contigencies are uncertain....
Assumption can be made as per recods of last 5,10 or 25 years........ which is easily projected by any software, no accountancy required......