Irredeemable and Primary financial statements: Difference between pages

Revision as of 14:57, 31 December 2020

Financial reporting.

Under International Accounting Standards (IAS) 'primary' financial statements are the main external accounting statements that must be presented.

These are:

Statement of financial position (balance sheet).
Income statement (profit or loss account), which can be included in the statement of comprehensive income.
Statement of comprehensive income.
Statement of changes in equity.
Statement of cash flows.

The primary financial statements are supported by Notes to the external accounts, providing additional and more detailed financial information.

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-A bond, preference share, or other security which pays periodic coupons or dividends in perpetuity, but never repays the principal.
+''Financial reporting.''
-Also known as 'perpetual'.
+Under International Accounting Standards (IAS) 'primary' financial statements are the main external accounting statements that must be presented.
-== See also ==
+These are:
-* [[Bond]]
-* [[Perpetuity]]
+* Statement of financial position (balance sheet).
-* [[Preference shares]]
+* Income statement (profit or loss account), which can be included in the statement of comprehensive income.
-* [[Security]]
+* Statement of comprehensive income.
+* Statement of changes in equity.
+* Statement of cash flows.
+The primary financial statements are supported by Notes to the external accounts, providing additional and more detailed financial information.
+==See also==
+* [[Annual report]]
+* [[Entity]]
+* [[Financial reporting]]
+* [[Income statement]]
+* [[International Accounting Standards]]
+* [[Notes]]
+* [[Primary statements]]
+* [[Statement of cash flows]]
+* [[Statement of changes in equity]]
+* [[Statement of comprehensive income]]
+* [[Statement of financial position]]
+* [[Statement of profit or loss and other comprehensive income]]
+[[Category:Accounting,_tax_and_regulation]]
+[[Category:Compliance_and_audit]]