Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Which statement represents the "Financial Position" of an Organization? 1. Cash Flow Statement 2. Balance Sheet or 3. Income Statement

Financial Reporting
user-image
Question added by Deleted user
Date Posted: 2013/06/05
Upvote (0) Views (9) Followers (0) Answers (4) Report Question
Write an Answer
Register now or log in to answer.
jean koborsy
by jean koborsy , Chief Accountant , Scuderia Lebanon SAL

The Balance sheet

Dilshod Gaibnazarov
by Dilshod Gaibnazarov , Financial Accounting Manager , Logistics and transportation company

2.
Balance Sheet represent financial position1.
Cash flow statement represents cash in/ot flow cor the reporting perid3 Income statement represents company's performance over a period of tme

Abdul Rauf
by Abdul Rauf , Finance Manager , Copier International Trading

Balance Sheet show company financial postion.

hassan gurmani
by hassan gurmani , accountant , Americana computer systems

the financial position of a company is basically represented by balance sheet or statement of financial position under IAS and US GAP

however, cash flow statement shows the net  flow of cash of the company from its operational, financing and investment activities during given period

further, income statement shows total performance of the company due to its operations during specific period of time/given period. 

Write Your Answer
More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.

Get Help