Financial statements

RECENT NEWS
The Economic Times  Jul 27  Comment 
In case of a general meeting being held within a shorter notice, it has to be approved by a minimum 95 per cent of the members.
The Hindu Business Line  Jul 25  Comment 
Filing of ‘unaudited’ accounts with RoCs will be treated as compliance of Indian company law
Wall Street Journal  Jul 16  Comment 
Holy See reports more than €1 billion in previously off-the-books assets and showing improved returns on investments over 2013.
newratings.com  Jun 19  Comment 
GEIGER COUNTER LIMITED Date of Announcement: 19/06/2015 RELEASE OF INTERIM REPORT AND FINANCIAL STATEMENTS The Directors announce the release of the Interim Report and Financial Statements for the Six Months to 31 March 2015. CHAIRMAN'S...
The Economic Times  May 21  Comment 
The good practices are yet to catch up said the survey as some businesses still appear to lack the basic “building blocks” in place for effective compliance.
newratings.com  Apr 30  Comment 
aap publishes annual financial statements for fiscal year 2014 aap Implantate AG / aap publishes annual financial statements for fiscal year 2014 . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible...
Channel News Asia  Apr 17  Comment 
At the annual meeting in Singapore, shareholders of Noble Group vote overwhelmingly to approve the company's financial statements, amid allegations of improper accounting.
The Hindu Business Line  Jan 21  Comment 
Need not consolidate foreign subsidiaries’ accounts for financial year on or after April 1, 2014  




 

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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