With regards to the core goals of the Financial Accounting Standards Board

$($FASB$),$ ensuring that a company's financial statements are "comparable"

means that

companies should present accounting statements in a

reasonably standardized way, which allows users to track the

company's financial performance over time and compare

results with other companies

ther $2$

companies should provide financial sotmements based on the

same core assumptions and procedures over time

companies should provide information that is objective,

accurate, and verifiable

Financial statements should contain information that helps the user understand the company's financial performance and condition