Paulina, Gudan; Margareta, Oprea - In: Ovidius University Annals, Economic Sciences Series XI (2011) 1, pp. 896-899
Users of financial statements need information about an entity’s exposure to risks and how those risks and managed … amount, timing, and uncertainty of its future cash flows. Greater transparency regarding those risks allows users to make … more informed judgments about risk and return. Entities should describe the nature and extent of risks arising from …