Companies and financial accounting
Companies and financial accounting

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Companies and financial accounting

5.2 Company financial statements

A set of company financial statements would include:

  • a statement of financial position (balance sheet)
  • a statement of financial performance (income statement or statement of profit or loss)
  • a statement of cash flows
  • a statement of changes in equity

However, small private limited companies generally only produce a statement of financial position and a statement of financial performance.

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