An income statement or profit and loss account (also referred to as a profit and loss statement (P&L), statement of profit or loss, revenue statement, statement...

cash flow statement, also known as statement of cash flows, is a financial statement that shows how changes in balance sheet accounts and income affect cash...

represents a snapshot in time, whereas the income statement, the statement of changes in equity, and the cash flow statement each represent activities over an...

line of a company's income statement (a related term is top line, meaning revenue, which forms the first line of the account statement). In simplistic terms...

comprehensive income. It also includes the non-controlling interest attributable to other individuals and organisations. The statement is expected under...

flow statement only considers the exchange of actual cash, and ignores what the person in question owes or is owed. The statement of profit or income statement...

earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes...

given they are deemed operational in nature. Though often shown on an income statement, it is not considered part of the Generally Accepted Accounting Principles...

distributions to owners.” Comprehensive income is the sum of net income and other items that must bypass the income statement because they have not been realized...

recognised as income on an income statement and represented as an accounts receivable on the balance sheet. When the company is paid, the income statement remains...

issued Statement on Financial Accounting Standards No. 130 entitled "Reporting Comprehensive Income". This statement required all income statement items...

accountant may prepare financial reports for the organisation, such as the income statement and balance sheet. The origin of book-keeping is lost in obscurity...

Cash flow statement Income statement Minority interest Model audit National accounts Off-balance-sheet Reformatted balance sheet Sheet Statement of changes...

margin is computed by using a contribution income statement, a management accounting version of the income statement that has been reformatted to group together...

try to eliminate distortions. Free cash flow may be different from net income, as free cash flow takes into account the purchase of capital goods and...

efficiently. An organization's statement of financial position and the income statement are both derived from income and expense account categories in...

Non-operating income, in accounting and finance, is gains or losses from sources not related to the typical activities of the business or organization...

balance statement, since it increases equity. It is often referred to as the "top line" due to its position at the very top of the income statement. This...

major categories of the income statement: continuing operations, discontinued operations, extraordinary items, and net income. Preferred stock rights...

Expenses, which is a major non-production cost presented in an income statement (statement of profit or loss). SGA expenses consist of the combined costs...

to earn income and sustain growth in both the short- and long-term. A company's degree of profitability is usually based on the income statement, which...

lender charges a borrower for the use of the lender's money. On the income statement, interest expense can represent the cost of borrowing money from banks...

expense on the cash flow statement and paying off the cost through amortization, having the effect of improving the company's net income in the fiscal year...

called P&L explain, P&L attribution or profit and loss explained) is an income statement with commentary that attributes or explains the daily fluctuation in...

bookkeeping, expenses are recorded as a debit to an expense account (an income statement account) and a credit to either an asset account or a liability account...

with additional information can typically be compiled into an income statement and statement of affairs by a professional accountant. Single-entry bookkeeping...

Contributed Capital + Retained Earnings Retained Earnings = Net Income − Dividends and Net Income = Revenue − Expenses The equation resulting from making these...

System of Accounts, it appears among the companies in the consolidated income statement of the Italian state. In Italian history there was attempts to delineate...

Net interest income (NII) is the difference between revenues generated by interest-bearing assets and the cost of servicing (interest-burdened) liabilities...

The trading statement is an expanded version of sales portion of the Income statement. The trading statement's main objective is to determine sales, cost...