Although I'm becoming more familiar with how to read financial statements, I'm finding my company's income statement includes too many categories in revenue and expenditure.
Has anyone else seen a similar scenario with their company statements?
I have come across that at one point with my financial statements with Saunders International, it can be complicated some years, yet too easy the next. Youre not alone with your thinking Erikai.
My statements don't have too many categories in revenue and expenditure but it does have a large difference in the statements from year to year. Also my specific statements have different names from what is identified on the task. Do you have this to? Please visit my blog http://georgiadawsonacct11059.blogspot.com.au/
Yes the layout of my statements also vary from year to year. My specific statements are titled differently to the more common titles and my Income Statement and Comprehensive Income Statement are collaborated into one statement.
I have come across that at one point with my financial statements with Saunders International, it can be complicated some years, yet too easy the next. Youre not alone with your thinking Erikai.
ReplyDeleteHi Erikai,
ReplyDeleteMy statements don't have too many categories in revenue and expenditure but it does have a large difference in the statements from year to year. Also my specific statements have different names from what is identified on the task. Do you have this to?
Please visit my blog http://georgiadawsonacct11059.blogspot.com.au/
Georgia
Georgia
Hi Georgia,
ReplyDeleteYes the layout of my statements also vary from year to year. My specific statements are titled differently to the more common titles and my Income Statement and Comprehensive Income Statement are collaborated into one statement.
Erikai