02-05-2010, 03:40 AM
Dear,
The followings are the components of Financial statements;
- Statement of financial position (balance sheet) at the end of the period.
- Statement of comprehensive income for the period (or an income statement and a statement of comprehensive income).
- Statement of changes in equity for the period.
- Statement of cash flows for the period.
- Notes, comprising a summary of accounting policies and other explanatory notes.
Let us know, if confusion still exists.
Best Regards,
The followings are the components of Financial statements;
- Statement of financial position (balance sheet) at the end of the period.
- Statement of comprehensive income for the period (or an income statement and a statement of comprehensive income).
- Statement of changes in equity for the period.
- Statement of cash flows for the period.
- Notes, comprising a summary of accounting policies and other explanatory notes.
Let us know, if confusion still exists.
Best Regards,
