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The basic financial statements include a ?

A. Balance sheet, income statement, statement of retained earnings, and statement of

changes in retained earnings.

B. Statement of financial position, income statement, statement of retained earnings,

and statement of changes in retained earnings.

C. Balance sheet, statement of financial position, income statement, and statement of

changes in retained earnings.

D. Statement of financial position, income statement, statement of cash flows, and

statement of retained earnings.

Accounting Auditing CMA Banking
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Date Posted: 2015/03/19
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Anas Dawah
by Anas Dawah , Senior Internal Auditor , Talal Abu-Ghazaleh Global (TAGI)

d- Income Statement , Balance Sheet , Cash Flow statement , and Retained Earnings statement

Mohammed Shahid Ullah
by Mohammed Shahid Ullah , Executive Director (Finance) , Coal Power Generation Company Bangladesh Limited

Basic financial statements include Statement of financial position, income statement, statement of cash flows, and statement of changes of Equity.

Rey Portin
by Rey Portin , Accountant , A. A. Busaili Sons Co. (Electrical & Mechanical Works).

Option D is the correct answer:

        The basic FS includes Statement of financial position or balance sheet, income statement or statement of comprehensive income , statement of cash flows, and statement of retained earnings.  And the presentation is usually composed of two financial year (current & last year FS) to facilitate comparison.

Falak Sher Khan Khan
by Falak Sher Khan Khan , Accountant , Star Marketing (Pvt) Ltd

Option>>>>>>>>>>>>>>>>>>>>>

D. Statement of financial position, income statement, statement of cash flows, and

statement of retained earnings.

Muhammad Ramzan Tufail ACCA
by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

(D) is the Correct Ans.

 

These are the components of Financial Statements.

Mohsin Diwan
by Mohsin Diwan , Accountant , Quality Punch

Basic financial statement includes these four.1. Income Statement,2. Balance Sheet,3. Statement of Retained Earning and4. Statement of Cash Flow

Godfrey Makuwerere
by Godfrey Makuwerere , Tax Revenue Officer , Zimbabwe Revenue Authority(ZIMRA)

1)Statement of Comprehensive Income 2)Statement of financial position 3)Cash Flow statement 4)Statement of changes in Equity

maryam ilyas

the use of double entry accounting

PRASHANTHA POOJARY
by PRASHANTHA POOJARY , Finance Manager , SKDRDP(R.) Karnataka State Regional office Micro Finance(BC/BF Model)

Income Statement,Cash Flow Statement,Balance sheet.

SMAIL DEGAA
by SMAIL DEGAA , declinable , Commune Hamraia

What are the effects and changes in the basic financial statements!

Hassan Abdeen
by Hassan Abdeen , senior accountant , PBK Advisory

assets liabilities and equity

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