A full set of financial statements includes?

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Do modern Accountants know how to prepare full set financial statements or do th...
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Efren San Luis
08-July-2014

1-Statement of financial position ,Income statement , , Statement of cash flow

2-Statement of financial position ,Income statement , Statement of changes in equity , Statement of cash flow

3-Statement of financial position ,Income statement , Statement of comprehensive income, Statement of changes in equity , Statement of cash flow

Accounting Financial Accounting Finance Accounting and Finance

Question ajoutée par FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials
Date de publication: 2017/07/13

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par Celeste Ann Mascarenhas , Health Care Assistant, Level 3 Nursing , Carlton Court Care Home

Financial Statements:

The financial statements are comprised of four basic reports, which are as follows:

Income statement. Presents the revenues, expenses, and profits/losses generated during the reporting period. ...
Balance sheet. ...
Statement of cash flows. ...
Statement of retained earnings.

Financial statements include the balance sheet, income statement, statement of changes in net worth and statement of cash flow. . ... Simply put, the income statement measures all your revenue sources vs. business expenses for a given time period.

One of the most important resources of reliable and audited financial data is the annual report, which contains the firm's financial statements. The three main financial statements are the income statement, balance sheet and cash flow statement.