By The Canadian Press Posted April 17, 2024 4:03 pm. Last Updated April 17, 2024 4:42 pm. TORONTO — The federal budget tabled on Tuesday introduced $53 billion in new spending, but not everyone got what they were looking for….

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of…