This research aims to assess whether financial statements continue to provide relevant information for decision-making. It explores the evolving usefulness of these reports in today’s information environment.
Analysis of current financial reporting standards
Assessment of user perceptions regarding financial statement relevance
Comparative evaluation of financial statement utility over time
Financial statements show a decline in perceived relevance among investors.
A significant gap exists between the information provided and what users find useful.
The information environment is evolving, affecting the usefulness of traditional financial reports.
Abstract
Financial reporting, Value relevance, Usefulness, Information environment