Financial statements

RECENT NEWS
newratings.com  Dec 1  Comment 
Fresenius Medical Care AG & Co. KGaA will focus on IFRS reporting and discontinue U.S. GAAP financial statements DGAP-News: Fresenius Medical Care AG & Co. KGaA / Key word(s): Miscellaneous Fresenius Medical Care AG & Co. KGaA will focus on IFRS...
OilVoice  Nov 28  Comment 
Falcon Oil & Gas Ltd. (AIM:FOG)(ESM:FAC)(TSX VENTURE:FO) announces that it has filed its Interi ...
The Economic Times  Nov 2  Comment 
He had said that "the capital employed in those companies has risen from Rs 1.32 lakh crore to Rs 1.96 lakh crore (due to operational losses, interest and capex)".
Reuters  Nov 2  Comment 
A global accounting standards body aims to revamp how companies present financial information to give investors a clearer picture of performance.
Mondo Visione  Oct 28  Comment 
The European Securities and Markets Authority (ESMA) has published its annual Public Statement on European Common Enforcement Priorities (the Statement) which identifies enforcement priorities for listed companies’ 2016 financial statements and...
The Economic Times  Oct 27  Comment 
The exchanges made the procedural request after the former chairman of parent Tata Sons Ltd, Cyrus Mistry, on Wednesday said the group could face an $18 billion writedown.
The Hindu Business Line  Sep 26  Comment 
Questions on interest-free FDs, certain entries, expenses and compliance with SEBI norms
Mondo Visione  Sep 26  Comment 
The Saudi Stock Exchange Company (TADAWUL) announces that it has dedicated a page for the updates related to the restriction periods on trading for major shareholders, board of directors and senior executives, and financial statements deadlines...




 

Financial statements are written reports which summarize a business' financial condition. According to the International Accounting Standards: "The objective of financial statements is to provide information about the financial position, performance and changes in financial position of an enterprise that is useful to a wide range of users in making economic decisions."[1]

The four basic types of financial statements are:


References

  1. "The Framework for the Preparation and Presentation of Financial Statements" International Accounting Standards Board. Accessed 11 March 2009.
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