Primary financial statements: Difference between revisions
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==See also== | ==See also== | ||
* [[Annual report]] | * [[Annual report]] | ||
* [[Balance sheet]] | |||
* [[Cash flow statement]] | |||
* [[Entity]] | * [[Entity]] | ||
* [[Financial reporting]] | * [[Financial reporting]] | ||
* [[IAS 1]] | |||
* [[Income statement]] | * [[Income statement]] | ||
* [[International Accounting Standards]] | * [[International Accounting Standards]] (IAS) | ||
* [[Notes]] | * [[Notes]] | ||
* [[Primary statements]] | * [[Primary statements]] |
Revision as of 17:55, 10 August 2021
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.
See also
- Annual report
- Balance sheet
- Cash flow statement
- Entity
- Financial reporting
- IAS 1
- Income statement
- International Accounting Standards (IAS)
- 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