ICAI have brought ana mazing guidance note on Financial Statements of Non-Corporate Entities, this move will help in ...

The dividend details instead are integrated within the Consolidated Account Statement (CAS) and the Profit and Loss (P&L) statement. Now, all these documents cumulatively provide a crisp and ...

If a business makes a sale to a customer, that revenue often goes on an income statement and contributes to the company's overall profit or loss. However, if an invoice isn't due right away or the ...

This is the final part of the profit and loss account. If the net profit figure is negative, the business has made a loss.

Charities blend nonprofit missions with for-profit strategies ... unrealized gain or loss on the charity's portfolio. All of these figures should appear on a charity's statement of activities ...