Purpose of Financial Statements. The objective of financial statements is to provide information about the financial position, performance and changes in financial position of an enterprise that is useful to a wide range of users in making economic decisions (IASB Framework). Financial Statements provide useful information to a wide range of users: Managers require Financial Statements to manage the affairs of the company by assessing its financial performance and position and taking important business decisions.
Ascites in Cats. Also known as abdominal effusion, ascites (pronounced ass-eye-tees), is a condition in cats characterised by the accumulation of fluid in the abdominal cavity.scites in Cats. Also known as abdominal effusion, ascites (pronounced ass-eye-tees), is a condition in cats characterised by the accumulation of fluid in the abdominal cavity.
Abnormal Fluid Buildup In Abdomen (Definition) Abnormal fluid buildup in abdomen refers to Ascites, a medical condition in which a person has excess fluid in the abdomen (in the peritoneal space). Abdominal fluid buildup occurs in conditions such as liver failure, kidney disease, and certain cancers.