Items affecting the financial statements
Neither the shareholders nor the market analyst has access to as what is going on in any company. It is only through the financial statements, namely, Balance Sheet, Income Statement and Cash Flow Statement, third parties come to know about the financial standing of the company. It is noteworthy to comment that each financial statement has its own importance and there are many components within each of them that assist the users of the financial statements. Below discussed are such components that impact the financial statements:
Investment from the ownerAlso known as Capital Amount, any investment by the owner of the company Continue reading...