A certified financial statement is a document that has been prepared by a certified public accountant (CPA) and that has been reviewed and approved by a board of directors or another authorized body. This type of financial statement is typically used in situations where there is a need for a high degree of assurance regarding the accuracy of the information contained therein.
What are the 3 types of balance sheets?
The balance sheet is a statement of a company's financial position at a specific point in time. It includes a company's assets, liabilities, and equity.
There are three types of balance sheets:
1. The assets and liabilities balance sheet
2. The equity balance sheet
3. The combined balance sheet What are the 3 financial statements called? The three financial statements are called the income statement, the balance sheet, and the statement of cash flows.
What are the 5 types of financial statements?
1. The balance sheet is a financial statement that lists a company's assets, liabilities, and shareholders' equity at a specific point in time.
2. The income statement is a financial statement that lists a company's revenues, expenses, and net income for a specific period of time.
3. The cash flow statement is a financial statement that lists a company's cash inflows and outflows for a specific period of time.
4. The statement of shareholders' equity is a financial statement that lists a company's shareholders' equity for a specific period of time.
5. The statement of cash flows is a financial statement that lists a company's cash inflows and outflows for a specific period of time.
What are the techniques of financial analysis?
The techniques of financial analysis are used to examine an organization's financial statements in order to assess its financial health and performance. Financial analysis can be used to identify trends and relationships between different financial indicators, and it can be used to forecast future financial performance. Common techniques of financial analysis include ratio analysis, trend analysis, and comparative analysis. What are the six 6 basic financial statements? The six basic financial statements are the balance sheet, the income statement, the statement of changes in equity, the statement of cash flows, the statement of comprehensive income, and the statement of financial position.
The balance sheet shows a company's assets, liabilities, and equity at a given point in time. The income statement shows a company's revenue, expenses, and net income for a given period of time. The statement of changes in equity shows a company's equity for a given period of time. The statement of cash flows shows a company's cash flows for a given period of time. The statement of comprehensive income shows a company's comprehensive income for a given period of time. The statement of financial position shows a company's financial position at a given point in time.