answersLogoWhite

0


Best Answer

Balance sheet, income statement, statement of cash flows, statement of ahareholder's equity and statement of comprehensive income, which is often incorporated into the income statement but is a separate reporting requirement for SEC filings

User Avatar

Wiki User

11y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

10y ago

Basic Financial statements are as follows:

  1. Profit & Loss Account
  2. Balance Sheet
  3. Cash Flow Statement
  4. Statement of Retained Earnings
  5. Financial Statement Disclosures
This answer is:
User Avatar

User Avatar

Wiki User

14y ago

Assets, Liabilities, Equities (Contributed Capital, Retained Earnings), Revenues, Expenses

This answer is:
User Avatar

User Avatar

Wiki User

10y ago

1 - Income Statement

2 - Balance Sheet

3 - Cash Flow statement

4 - Statement of retained earnings

5 - Notes to financial statements

This answer is:
User Avatar

User Avatar

Wiki User

9y ago

1 - Income statement

2 - Balance sheet

3 - Statement of owners equity

4 - Cash flow statement

5 - Notes to financial statements.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the 5 financial statements in accounting?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

The output of financial accounting is?

The output of the financial accounting is preparation of financial statements.


The purpose of Statements of Financial Accounting Concepts is to?

The purpose of Statements of Financial Accounting Concepts is to : A establish GAAP.


What is accounting estimate?

The accounting estimate is a financial approximation. This approximation is used for financial statements to make financial statements more accurate with their crediting and debiting.


Where can you get financial statements?

Apple inc published accounting statements


Of what must the accountant be cognizant in order to compile financial statements?

the form of its accounting records, the stated qualifications of its accounting personnel, the accounting basis on which the financial statements are to be presented


What has the author David Alexander written?

David Alexander has written: 'Financial accounting' -- subject(s): International business enterprises, Accounting, Finance, Financial statements 'Financial accounting' -- subject(s): International business enterprises, Accounting, Finance, Financial statements


What is accounting importance of that?

Who are users of financial statements


What has the author L Todd Johnson written?

L. Todd Johnson has written: 'Recognition in Financial Statements' -- subject(s): Financial statements, Realization (Accounting) 'Reporting financial performance' -- subject(s): Financial statements, Accounting, Standards


What si accounting standard?

Accounting Standards are the statements of code of practice of the regulatory accounting bodies that are to be observed in the preparation and presentation of financial statements.


Describe the uses of financial accounting?

describe various uses of financial statements


What is the purpose of an audit?

The purpose of an audit is to add credibility to the financial statements of a business organization.To give credence to the accounting records, accounting polices and financial statements of an audit client.


The accounting system that reveals the financial position of a business is?

The accounting system that reveals the financial position of a business is financial accounting. Financial accounting produces statements called the balance sheet, and profit statement. These two statements allow for further calculations to see how the business is handling cash flows, account receivables, financial leverage, etc.