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.
abdominal effusion. Refers to a condition in which fluid collects around the vital organs located inside the abdomen. This is normally the side effect of a more serious condition, like liver disease or heart disease. Certain bacterial infections can also cause the build-up of such fluid, as can certain types of cancer.