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(balance sheet,income statement and cash flow), This statements enough to give me a good picture about the financial situation of the company?

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Question added by Hayssam Marhaba , Senior Accountant , Computer and Power Technology LLC - ( MDS Computer Group )
Date Posted: 2013/12/15
Rehan Qureshi
by Rehan Qureshi , Financial Consultant , Self Employeed

Yes, if the above mention three statements are fair without any defacts and fairly audited by external auditor

 

Osama Alia
by Osama Alia , Freelance consultation (Financial Management, Banking) , Freelance CFO

If you add Statement of Owners' Equity to the mentioned statements, it would give full and clear picture of the financial oustanding of the entity/company.

Jose Alexander Kattiparambil
by Jose Alexander Kattiparambil , Account In Charge , Synergy Facilities Management Services LLC

sure, its enough

 

Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

I think so.

Syed Yasir Ali Siraj Ul Haq
by Syed Yasir Ali Siraj Ul Haq , Senior General Accountant , Arakan General Trading Company LLC

This three reports is enough to know any company financial position but I think if company verified these reports through external auditor also very good

MUHAMMAD SAJID
by MUHAMMAD SAJID , Tax Data Processing Officer , Pakistan Revenue Automation (PVT) Limited

Good

Ezzidin Ibrahim
by Ezzidin Ibrahim , Financial Controller , Karim Food Industries

No, its not enough, the changes in the Owners' Equity statement must be provided plus the notes and disclosures. 

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