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You could know the company's net income without the preparation of the income statement? If yes, how?

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Question ajoutée par Rashad Moursi , Financial and Administrative Officer & international Business Transformer, Hotel Owner Reprs. , Investment and financial
Date de publication: 2014/04/18
Loay Al Malluhi
par Loay Al Malluhi , Senior Financial Analyst , Warba Insurance & Reinsurance Company K.S.C.P.

Should the company is using the indirect method, Net income is shown in the cash flow statement as the first item in Cash Flow from Operating Activities

akhil siva
par akhil siva , accoutant , KMP industries

 Income is the revenue a business earns from selling its goods and services or the money an individual receives in compensation for his or her labor, ...and f     fund used by a business or organisation for their various types of business activities

 

   

We can arrive net profit or loss after prparing income statement only..

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