Financial Statements WorkSheet

Financial Statements

• Introduction
  • Financial Statements Analysis
  • Economic Crisis
  • Work sheet Analysis
• For Example Google Company
  • Conclusion

Statements:

is official records of the financial activities of a particular company. These lists give a summary of the financial position and profitability of this company in the short term and the long term.

Financial statements are divided into four main lists:

Statement of Financial Position (balance sheet): also referred to as a balance sheet, reports on a company's assets , liabilities, and ownership equity at a given point

in time.

Statement of Comprehensive Income: also referred to as Profit and Loss statement (or a "P&L"), reports on a company's income, expenses, and profits over a period of time. A Profit & Loss statement provides information on the operation of the enterprise.

These include sale and the various expenses incurred during the processing state.

Statement of Changes in Equity: explains the changes of the company‘s equity throughout the reporting period.

Statement of cash flows: reports on a company's cash flow activities, particularly its operating, investing and financing activities.