Screencast Assignment-Anastasia Zolotarev

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Financial Statements

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Screencast Assignment-Anastasia Zolotarev

  1. 1. FINANCIAL STATEMENTSAnastasia Zolotarev1073 7094
  2. 2. TYPES OF FINANCIAL STATEMENTS• Statement of financial position• Statement of comprehensive income• Statement of changes in equity• Statement of cash flows
  3. 3. Statement of comprehensive incomeRevenues – Expenses=OR
  4. 4. Statement of financial positionAssets = Liabilities + equity= +
  5. 5. Statement of changes in equityRetained Earnings, Beginning Balance+/- Net Profit/Loss-Dividends=Retained Earnings, Ending Balance
  6. 6. Statement of cash flows+/- Cash Flows Provided by Investing Activities+/- Cash Flows Provided by Financing Activities= Net Increase in Cash
  7. 7. THANK YOU

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