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FINANCIAL STATEMENTS
Anastasia Zolotarev
1073 7094
TYPES OF FINANCIAL STATEMENTS
• Statement of financial position
• Statement of comprehensive income
• Statement of changes in equity
• Statement of cash flows
Statement of comprehensive income
Revenues – Expenses=
OR
Statement of financial position
Assets = Liabilities + equity
= +
Statement of changes in equity
Retained Earnings, Beginning Balance
+/- Net Profit/Loss
-Dividends
=Retained Earnings, Ending Balance
Statement of cash flows
+/- Cash Flows Provided by Investing Activities
+/- Cash Flows Provided by Financing Activities
= Net Increase in Cash
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Screencast Assignment-Anastasia Zolotarev