State the interest of trade unions in the analysis of financial statements
Dear student,
The interest of the employees is protected only by the trade union. The interest of the employees can be protected if the financial position of the company is very strong. Hence, they are interested to know the financial position of the company.
Employees and trade unions are interested in their welfare, i.e., better emoluments, bonus, better working conditions and security of their jobs. So, they are always interested in profitability and strength of the concern.
Regards
The interest of the employees is protected only by the trade union. The interest of the employees can be protected if the financial position of the company is very strong. Hence, they are interested to know the financial position of the company.
Employees and trade unions are interested in their welfare, i.e., better emoluments, bonus, better working conditions and security of their jobs. So, they are always interested in profitability and strength of the concern.
Regards