A cash flow statement is part of the financial statements that present a source of cash receipts and disbursements of the company during the reporting period. This report includes three subsections, cash flow from operating, investing, and
Financial Statement
Financial Statement Analysis: Scope, Required Information, Steps, And Methods
What's it: Financial statement analysis is a process to assess and evaluate the past performance and future prospects of the company. To do this, you need not only financial statements but also other relevant information. You need data
Income Statement: Formula, Components, and Importance
What's it: An income statement tells you the company's financial performance during a specific period, quarterly or annually. It shows you three basic elements, namely, revenue, expenses, and profit. Other names for the income
Balance Sheet: Componance, Importance
What's it: A balance sheet presents the company's current financial position. It consists of three subparts: assets, liabilities, and shareholder equity. Also called a statement of financial position or a statement of financial
Financial Statement: Importance, Components, Users
Analyzing financial statements is a way to understand how healthy a company is. Companies exist to make profits and money. And, to do this, they produce goods or provide services. Therefore, financial performance should be a reflection of