IDENTIFY THE MAJOR FINANCIAL STATEMENTS AND OTHERS MEANS OF REPORTING. FININCAL STATEMENTS: The statements prepared to show the financial position of the business is known as financial statements. These statements provide financial information of an equity to internal and external users and decision makers. MAJOR FINANCIAL STATEMETS: The three main financial statements are as follow:
Premium Financial statements Income statement Balance sheet
Financial Statements Financial statements are records of relative financial information of organizations that are highly valuable to both internal and external users of that organization. The following four basic financial statements constitute the foundation of accounting: * Balance sheet * Income statement * Retained earnings statement * Statement of cash flows Purpose of the Financial Statements The balance sheet shows a clear picture of the organization’s financial
Premium Balance sheet Financial statements Income statement
JYSK Nordic 2007-2008 ANNUAL REPORT 1 Forward – together Foreword This is the Annual Report 07/08 for JYSK Nordic‚ the designation given to the companies in the JYSK Group with stores in Scandinavia‚ Central Europe‚ the Netherlands and the UK. This report covers 11 of the 32 countries in which JYSK is currently represented. This annual report does not cover JYSK companies such as Dänisches Bettenlager in Germany and Austria or JYSK in Switzerland and France. JYSK Franchise and other
Premium Balance sheet Denmark Generally Accepted Accounting Principles
Combined Financial Statements and Credit Group Financial Information December 31‚ 2012 and 2011 (With Independent Auditors’ Reports Thereon) KAISER FOUNDATION HEALTH PLAN‚ INC. AND SUBSIDIARIES AND KAISER FOUNDATION HOSPITALS AND SUBSIDIARIES Table of Contents Page Independent Auditors’ Report 1 Financial Statements: Kaiser Foundation Health Plan‚ Inc. and Subsidiaries and Kaiser Foundation Hospitals and Subsidiaries: Combined Balance Sheets 2 Combined Statements of Operations
Premium Asset Balance sheet Generally Accepted Accounting Principles
Honda Motor Co.‚ Ltd. Annual Report 2009 Annual Report 2009 Honda Motor Co.‚ Ltd. Year Ended March 31‚ 2009 Contents 2 3 6 8 18 The Power of Dreams Summary of Operating Results by Business Financial Highlights To Our Shareholders Review of Operations Motorcycle Business Automobile Business Power Product and Other Businesses Financial Services Business 36 37 39 46 49 81 Preparing for the Future Risk Factors Corporate Governance Board of Directors‚ Corporate Auditors and Operating
Premium Honda 2008 Motorcycle
Executive Summary GAAP‚ generally accepted accounting principles‚ are the rules for preparing the financial statements. There are specialized professionals FASB‚ SEC‚ AAA‚ FEI‚ IMA‚ AIMR and others for developing GAAP. There are 13 principles for preparing Financial Statement. Business Entity Principle requires business to be separated from owner of the business. Going Concern principles requires the business to assume that the business will for long time. Revenue Recognition Principle considers
Premium Generally Accepted Accounting Principles Balance sheet
2011 Annual Report MEN’S WEARHOUSE IS STYLE INSPIRED BY MODERN LIFE— And business built on a guarantee. 1 LETTER TO OUR ST AKEHOLDERS Every single success outlined in this letter stems from the energy‚ effort and commitment of Men’s Wearhouse employees. Together‚ we have fashioned market-leading businesses serving the United States‚ Canada and the United Kingdom. Company-wide‚ total sales for 2011 were $2.4 billion‚ an increase of 13 percent over 2010‚ and net earnings
Premium Management occupations
Manila’s San Miguel District‚ was inaugurated on October 4‚ 1890. FOR CLASSROOM DISCUSSION ONLY No. Arturo M. Ilano‚ Assistant Professor‚ University of the Philippines‚ with Melizza Freja G. Bautista‚ Mikhail Joseph T. Torres‚ and Biogene O. Yagong‚ prepared this case study as a basis for class discussion‚ and is not designed to illustrate effective or ineffective handling of managerial situations. Certain names have been disguised. The writing of this case study was supported by the
Premium Coca-Cola
The Annual Report Project General Electric Company (GE) General Electric‚ short as GE‚ is a leading multi-industrial company involving in energy‚ appliance‚ finance and transportation businesses. It has more than 100 years of history‚ and generally be viewed as one of the most successful product and service providers across continents. GE has gross revenue of more than 147 billion dollars‚ and is currently ranking No.6 in Fortune 500 U.S. by revenue. A. Introduction General Electric
Premium General Electric Financial ratios Balance sheet
PHILIPPINE LONG DISTANCE TELEPHONE COMPANY AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS AS AT MARCH 31‚ 2013 (UNAUDITED) AND DECEMBER 31‚ 2012 (AUDITED) AND FOR THE THREE MONTHS ENDED MARCH 31‚ 2013 AND 2012 (UNAUDITED) F-1 PHILIPPINE LONG DISTANCE TELEPHONE COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (in million pesos‚ except par value per share amounts and number of shares) As at January 1‚ As at March 31‚ As at December 31‚ 2012 2012 2013
Premium Balance sheet Generally Accepted Accounting Principles Income statement