The Annual Reports And Financial Decisions
Although one may say that the components of financial statements maybe considered autonomous and independent elements, the whole accountingprocessing procedure ends with a set of financial statements that are closelyinterconnected from the information viewpoint. Therefore, the earnings are shown inthe balance sheet, by themselves, however their stages are thoroughly described in theincome statement. If we consider a company's cash account, it interconnects thebalance sheet and the cash flow statements. The balance determines the amounts ofavailable cash and their changes in time, however it does not account for the causesof these variations. The latter are actually the object of the cash flow statement. Alsoregarding the company's earnings, their main manifestations may be found in thebalance sheet â€“ accounting earnings and economic earnings â€“ however an elaboratedescription, starting with the net earnings and going to the economic earnings, is tobe found separately, as an equity capital statement. Our paper dwells on theinterdependence of the components of financial statements and on its influence onfinancial decisions.
Volume (Year): 1 (2008)
Issue (Month): 10 ()
|Contact details of provider:|| |
When requesting a correction, please mention this item's handle: RePEc:alu:journl:v:1:y:2008:i:10:p:17. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dan-Constantin Danuletiu)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.