6073726
Description
Mind Map by Eugenia Zarta, updated more than 1 year ago
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Created by Eugenia Zarta
over 7 years ago
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Financial Statements
- Register of the financial activities of a
company
- Types of Financial Reports
- The Income Statement or Loss and Profit
Statement
- Operating
- Revenue and
expense
information
related to business
operations
- Revenue and
expense
information
related to business
operations
- Non-operating
- Revenue and
expense
information
not tied to
company`s
operations
- Revenue and
expense
information
not tied to
company`s
operations
- Operating
- Balance Sheet Report
- Productive
assets
- Liabilities
- Ownership
equity
- Productive
assets
- Statement of Cash Flows
- Changes in balance sheet
affect cash and cash equivalents
- Changes in balance sheet
affect cash and cash equivalents
- The statement of Changes in Equity
- Summarize the activity
in the equity accounts for the
period
- Summarize the activity
in the equity accounts for the
period
- Notes of the financial statements- provide
information about condition debt, accounts,
liabilities and additional information
- The Income Statement or Loss and Profit
Statement
- Provide an outlook of
current financial situation
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