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The general objective and qualitative objectives of financial statements 



A. General Purpose
 
The purpose of financial statements in general:
1. The information that can be trusted regarding changes in net economic 
resources of a company that arise from activities in order to make a profit .
2. Provide information that can be trusted on the Assets , Liabilities and Capital .
3. To assist the user in estimating the potential of the company in generating profits .
4. Provide other important information about changes in economic resources 
and obligations such as information on shopping activities .
5. Disclose Additional information related to the financial statements which 
are relevant to the needs of financial statement users .
 
B. Qualitative purpose
 
To be helpful financial statements, it must be met by seven points below.
1. Relevant
2. Understandably
3. Power test
4. Neutral
5. Timely
6. Power appeal
7. Complete. See also: Overview of Understanding Company Limited (Financial Accounting)
A brief description of qualitative objectives.
 
1. Relevant. Usually the relevance of the information to be associated 
with the intended purpose because if that information is not relevant then 
the information is of no use to the users of such information. Sometimes an 
information have a high degree of relevance to a user's mouth but not 
necessarily for the other reply.
 
2. Can Acknowledged. The selected information to be presented not 
only important but also need information to understand the wearer.
 
3. Power Test. In order to increase the benefits it must be verifiable by 
measuring that independendengan using the same measurement method, 
but it is subjective.
 
4.Netral. Accounting report is neutral against the parties concerned.
 
5. Timely. It is intended that can be used as soon as possible and 
avoid the delay in a decision simply because it is not timely.
 
6. Competitiveness. The report would be more useful if the report 
is presented comparatively, for example dikomparatifkan with the 
previous year or, for example dikomparatifkan with the financial 
statements with similar firms in the same year.
 
7. Complete. It means that not only requires the disclosure of important 
financial facts mouth alone but also requires the presentation of the facts 
in a way that is not misleading for the wearer.

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