What Are the Notes to the Financial Statements?

Financial statements are the information are a set of following 5 components: Balance Sheet also called Statement of Financial Position; Profit & Loss Account also called Statement of Profit and

The frequency of preparing and reporting financial statements to users depends on following factors: Territory in which business ins registered Legal status of the Company Any specific sector reporting requirement

Reporting framework is the set of rules under which a company prepares its financial statements. The set of such rules varies from country to country. Generally, it would include requirements