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Financial obligations

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  • The research purpose of the dissertation is to perfect the law on financial obligations of the land users to the State and propose solutions to improve the efficiency of law implementation in Vietnam.

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  • Describe the purpose of the balance sheet and understand its usefulness and limitations. The Balance Sheet The purpose of the balance sheet is to report a company’s financial position on a particular date. Limitations: The balance sheet does not portray the market value of the entity as a going concern nor its liquidation value. p Resources such as employee skills and reputation are not recorded in the balance sheet. p Usefulness: p The balance sheet describes many of the resources a company has available for generating future cash flows.

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