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b Management of a Connex Impex Ltd has deliberately failed to report in the books of the company, a loan of GH550,000 acquired from Brent
b Management of a Connex Impex Ltd has deliberately failed to report in the books of the company, a loan of GH550,000 acquired from Brent Bank Ltd over the last five years as well as its annual interest payments of 25% for the past five years. The omission has led to an overstatement of profits for the last five years. Analyse how this omission will affect the decision of the following users of the financial statements Potential investors Shareholders Creditors Lenders Ghana Stock Exchange
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