ABSTRACT
PROBLEMS Now, with this basic understanding of the way in which published company accounts present information, we can go on to consider how financial statements can be used to appraise a company’s performance and financial condition. This is the subject covered in Sections 2 and 3. Before moving on to Section 2, however, we expect that many readers will wish to attempt some or all of the problems set out on the next few pages (pages 13 to 20).
