Ascertainment of the financial position of business: businessman is not only interested in knowing the result of the business in terms of profits or loss for a particular period but is also anxious to know that what he owes (liability) to the outsiders and what he owns (assets) on a certain date.
Constatación da situación financeira da empresa: o empresario non está soamente interesado en coñecer os resultados da empresa en termos das ganancias e perdas dun período determinado, senón que tamén quere saber o que debe (pasivos) a terceiros e o que posúe (activos) nunha data concreta.