To satisfy the stewardship reporting responsibility of management, companies prepare multiple sets of special-purpose statements to meet the information needs of a variety of financial statement users.
There is no need to satisfy the report for management.
Companies prepare various financial reports for there internal and external users.
The financial statement includes profit and loss account and balance sheet, there is no relation between them to satisfy stewardship reports.
Well designed studies of stewardship indicate donors: • the significant impact of their contributions. • To use their contributions according to their purpose.
