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