Pls can anyone help in financial statement theory?
Exact problem?
What is Financial Statement and important facts about it
i have an exam tomorrow and financial statement theory is there.
Unfortunately, I threw all my accounting books away, so I can't give you the "formal" definition...
o i c dont u remember anything abt it
I just know how to do income statement, balance sheets and calculating some ratios that help evaluating a business performance. Basically, a financial statement is a record that shows the financial activities of an entity. Maybe you can read this site. Not sure if it helps though. http://www.investopedia.com/terms/f/financial-statements.asp
i do now how to to do calculations but was just worried about theory
r u in uni?
Yes, but my major is engineering lol
o i c, so it has been a long time u have left education life. i mean collage and uni etc
No, I'm a freshman.
I studied accounting when I was in high school
thats exactly wht i'm doing now
thanks anyway
Welcome, I'm sorry that I'm not useful here.
its ok
@RANE for financial statement: http://en.wikipedia.org/wiki/Financial_statement
i think you refer to this link already!!!
i have already visited this web. its just the basics
thanks anyway
i don't know much about financial theory.....but its my duty to help you....here are some links and i think they are very benifit for you..... 1) https://www.boundless.com/finance/financial-statements-taxes-and-cash-flow/introducing-financial-statements/uses-of-a-financial-statement--9/ 2) http://www.investopedia.com/articles/basics/06/financialreporting.asp and also: \[\huge :)\color{red}{BEST}\space \color{green}{OF}\space \color{orange}{LUCK}\space for \space your \space exams :)\]
hey!!! its my pleasure..... bahut bada dhanyawad !!!
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