Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is a financial statement

Answers were Sorted based on User's Feedback



what is a financial statement..

Answer / viswanatha reddy

Every company issues their financial statement at the end of
each fiscal or financial year. These documents provide a
summary of all revenue and expenses incurred by the business
during this period. The audience for the financial
statements includes company officers, investors, creditors,
and customers.

A typical financial statement is comprised of three separate
reports: income statement, balance sheet, and cash flow.
These three documents provide a detailed view into company
operations, volume of sales and overall management. In a
publicly traded company, an independent accounting firm
reviews these statements and an opinion on the accuracy of
these reports is provided. This is called an audit opinion
statement and is used to provide assurance that the
company’s records are accurate.

Is This Answer Correct ?    11 Yes 0 No

what is a financial statement..

Answer / sudhir kudu

financial statement say the actual possion of the company
of privious financial year . in summerised manner with the
halp of financial statement we take the proper dicision for
feture period

Is This Answer Correct ?    3 Yes 1 No

Post New Answer

More Accounting General Interview Questions

How to take the closing balances of all ledgers into next financial year as opening balances in tally?

2 Answers  


what is accounting

3 Answers   Redington,


How you classify bank Account?

1 Answers   Satyaki Educational Academy,


in bank statement what is the tras date? and value date? what is the difference?

2 Answers  


Sales A/C belongs to which account type?

12 Answers   Chartered Accountant, OPI Global,


why you change the company?

2 Answers  


Is it mandatory having Knowledge of auditing to an accountant ?

5 Answers  


if a sole proprietor pays his firms insurance policy , How it should treated in books of accounts? whether it should be treated as investment? or indirect expenses?or drawings?

0 Answers  


What is basic difference between loan and investment?

2 Answers  


Give Any three special cases of computation of capital Gain U/s 45(1A) to 45(6)?

0 Answers  


what is ledger balance

3 Answers  


Computer value 5000 Deprecation 3000 Book vale 2000 Sold for 2000 Pass entry?

16 Answers   FIC,


Categories