Recognition: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add statement of comprehensive income.) |
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:(i) balance sheet, | :(i) balance sheet, | ||
:(ii) income statement, | :(ii) income statement, | ||
:(iii) statement of changes in equity or | :(iii) statement of comprehensive income, | ||
:( | :(iv) statement of changes in equity or | ||
:(v) cash-flow statement. | |||
Certain items which are not recognised and incorporated into any of these | Certain items which are not recognised and incorporated into any of these five statements may still be disclosed in the accompanying notes to the financial statements. | ||
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*[[Statement of cash flows]] | *[[Statement of cash flows]] | ||
*[[Statement of changes in equity]] | *[[Statement of changes in equity]] | ||
*[[Statement of comprehensive income]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Revision as of 11:18, 29 October 2020
Financial reporting.
Recognition is the identification and inclusion of an item in one or more of a
- (i) balance sheet,
- (ii) income statement,
- (iii) statement of comprehensive income,
- (iv) statement of changes in equity or
- (v) cash-flow statement.
Certain items which are not recognised and incorporated into any of these five statements may still be disclosed in the accompanying notes to the financial statements.
