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  • CHAPTER 2: Financial Statements & Ratio Analysis

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    Vince De Guzman
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    This document outlines the key financial statements that publicly traded companies must provide in their annual reports to shareholders, including the income statement, balance sheet, statement of stockholder's equity, statement of retained earnings, and statement of cash flows. It also discusses notes to the financial statements and consolidating a company's foreign and domestic financial statements. The four primary financial statements provide information on the company's profits/losses, assets/liabilities/equity, changes in equity, and cash flows over the reporting period.

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    CHAPTER-2

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    This document outlines the key financial statements that publicly traded companies must provide in their annual reports to shareholders, including the income statement, balance sheet, statement of stockholder's equity, statement of retained earnings, and statement of cash flows. It also discusses notes to the financial statements and consolidating a company's foreign and domestic financial statements. The four primary financial statements provide information on the company's profits/losses, assets/liabilities/equity, changes in equity, and cash flows over the reporting period.

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    Download as PPTX, PDF, TXT or read online from Scribd
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    7 views10 pages

    CHAPTER 2: Financial Statements & Ratio Analysis

    Uploaded by

    Vince De Guzman
    This document outlines the key financial statements that publicly traded companies must provide in their annual reports to shareholders, including the income statement, balance sheet, statement of stockholder's equity, statement of retained earnings, and statement of cash flows. It also discusses notes to the financial statements and consolidating a company's foreign and domestic financial statements. The four primary financial statements provide information on the company's profits/losses, assets/liabilities/equity, changes in equity, and cash flows over the reporting period.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 10

    CHAPTER 2: Financial Statements & Ratio Analysis

    STOCKHOLDERS REPORT
    annual report that publicly owned
    corporations must provide to
    stockholders

    GENERALLY ACCEPTED ACCOUNTING PRINCIPLES


    (GAAP)
    FINANCIAL ACCOUNTING STANDARDS BOARD
    (FASB)
    PUBLIC COMPANY ACCOUNTING OVERSIGHT
    BOARD
    (PCAOB)

    LETTER TO STOCKHOLDERS
    primary communication from
    management

    THE FOUR KEY FINANCIAL


    STATEMENTS

    INCOME STATEMENT
    presents the financial results
    of a business for a stated
    period of time

    BALANCE SHEET
    presents the assets, liabilities, and
    equity of the entity as of the reporting
    date

    STATEMENT OF STOCKHOLDERS EQUITY


    shows all equity account transactions that occurred during a given year

    STATEMENT OF RETAINED EARNINGS


    presents changes in equity during the
    reporting period

    STATEMENT OF CASH FLOWS


    presents the cash inflows and outflows that occurred during the reporting
    period

    NOTES TO FINANCIAL
    STATEMENTS
    explanatory notes keyed to relevant
    accounts in the statements

    HOW TO CONSOLIDATE A COMPANYS FOREIGN


    AND DOMESTIC FINANCIAL STATEMENTS?

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