In the context of financial accounting, explore the principles, methodologies, and regulations governing the preparation, presentation, and interpretation of financial statements for external stakeholders. Discuss the role of accounting standards such as GAAP (Generally Accepted Accounting Principles) or IFRS (International Financial Reporting Standards) in ensuring consistency, transparency, and comparability across financial reports. Additionally, analyze the impact of accounting policies, estimates, and judgments on the financial statements' accuracy and reliability. Consider the ethical implications and responsibilities of financial professionals in upholding integrity, objectivity, and transparency in financial reporting practices. Finally, evaluate the significance of financial statement analysis in facilitating decision-making processes for investors, creditors, regulators, and other stakeholders in assessing the financial health, performance, and sustainability of an entity.