Company Financial Statements Flashcards
1
Q
IAS 1 5 requirements
A
Statement of financial position Statement of profit and loss Statement of changes in equity Statement of cash flow Notes to the financial statement
2
Q
Changes in equity
A
Opening Profit Dividends Share issue Closing
(Share capital, premium, revaluation and retained earnings)
3
Q
Statement of cash flow
A
Profit from operations
Adjustments: depn, profit on disposal, change in working capital
Tax paid
Interest paid
Purchase of PPE
Proceeds of sale of PPE
Interest received
Dividends received
Share issues
Loans
Dividends paid
