Understandability

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Did you understand that first sentence?  Nonsense!

Information that is not understandable serves no useful purpose.  If accounting reports are not understandable to stakeholders, they are useless.

What can make the reports (CFS, IS, BS) less understandable? 

• Poor presentation/design of reports.
• Poor use of Monetary Unit (some items are not expressed in $A).
• Reporting period is not shown or unclear.
• Written in a language other than English.
• Over use of technical/complex language.
• etc.

So, one of the target attributes of the reports is understandability.  (yes, that is a word in VCE Accounting).
Stakeholders want reports that are 'understandable'.