Saturday 26 December 2009

The Articulation of the Financial Statements (Graphic)

How the Statements Tell a Story

http://spreadsheets.google.com/pub?key=tFepEVcjqq1iGBfbXis2cUA&output=html

The stock of cash in the balance sheet increases from cash flows that are detailed in the cash flow statement.

The stock of equity value in the balance sheet increases from net income that is detailed in the income statement and from other comprehensive income and from net investments by owners that are detailed in the statement of shareholders' equity.

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