Archive for the b. Financial Statements Category

[GO TO THE MAIN PAGE FOR ALL ARTICLES ON THE BASIC UNDERSTANDING OF THE FINANCIAL STATEMENTS] 

In earlier article, we understand what is an Income Statement, here we further delve into the detailed components that are in the Income Statement:- (more…)

[GO TO THE MAIN PAGE FOR ALL ARTICLES ON THE BASIC UNDERSTANDING OF THE FINANCIAL STATEMENTS] 

When we look at a company’s annual report, there will always be a section for the Financial statements. In the Financial statements, we can see there is one report named as the Income Statement ( previously known as Profit & Loss Account). (more…)