Respuesta :
Option (b) increasing assets and liabilities is the impact on financial statements.
What is the impact of financial statements?
The value of a company's shares can change dramatically in response to financial reporting. When making investment decisions, a lot of investors consider the financial statements. The stock price may increase or decrease if information in a financial statement is revealed to be better or worse than anticipated.
Human resource competences, internal control systems, the caliber of governmental institutions, the usage of information technology, and the efficacy of supervision are the elements that are thought to have an impact on the quality of financial statement information (Sianturi, 2016; Augustina, 2015). (Suwanda, 2015).
Therefore, the correct answer is option b. increasing assets and liabilities.
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