Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

What Else Do Financial Records Include? Other than the most common line items found in financial statements, investors can also read the lesser known items, such as the footnotes, which often contain ...

Accountants sometimes include important notes regarding a company's assets, liabilities or equity on financial statements. Notes can be added as an attachment to a financial statement or as a footnote ...

There are four key financial statements your company may have: a balance sheet, income statement, cash flow statement and statement of owners' or shareholders' equity (retained earnings). A balance ...

h. Surplus: Balance in the statement of profit and loss; disclosing allocations and Appropriation such as dividends, bonus shares, transfer to/from reserve, etc. Money Received against Share Warrants- ...

Discover how companies report long-term debt in their financial statements, listed under long-term liabilities on the balance sheet.

When you apply for business funding, lenders and investors want to ensure they won’t lose money on your venture. That’s why bringing detailed financial statements to your pitch meeting is crucial.

Income statements, balance sheets and cash flow statements. If you're running a business, you probably have some knowledge of basic financial statements and how to use them. But do you know why ...

Class 12 Accountancy NCERT Solutions: Students can find attached complete NCERT Solutions for Class 12 Accountancy Chapter 3. Here, complete and detailed NCERT Solutions for Class 12 Financial ...