Most Financial Reports Contain the Following List of Basic Elements

Essay

Most financial reports contain the following list of basic elements.For each element identify the person(s)who prepared the element and describe the information a user would expect to find in each element.
$\begin{array}{|l|l|l|}\hline \text { Elements } & \text { Prepared By } & \text { Information Provided } \\\hline \text { Management } & & \\\text { Discussion \& } & & \\\text { Analysis } & & \\\hline \text { Financial Statements } & \\\hline \text { Notes to Financial } & \\\text { Statements } & \\\hline \text { Report of } & \\\text { Independent } & \\\text { Accountants } & \\\hline\end{array}$