Achieve reliability of financial information for the purposes of financial analysis

Reliability is an important characteristic of accounting information, which is the degree of impartiality, the absence of errors and the representativeness of information. Reliability is difficult to specify accurately in accounting standards and practices, and difficult to verify directly through analysis. The purpose of this article is to better understand the nature of achieving the reliability of financial information by synthesizing financial analysis of financial statements in the context of the concept of usefulness of accounting information.