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.
Ascites (pronounced ay-site-eez) is the medical name for a build up of fluid in the abdomen. The abdomen is the area of the body below the ribs and lungs and above the hip bones. It contains many of the body's organs, including the stomach, small and large bowel, pancreas, liver, spleen, and kidneys.