Financial Statement
The financial statement is a result of the accounting process
that can be used as a tool for communication between the financial data of an
enterprise or activity with the parties concerned with respect to the data or
the activity of the company. The financial statement is a financial state of a
company's balance sheet, which reflects the value of the assets, debt and
private equity at any given moment usually covers a period of one year.
Financial statement is part of the process of financial
reporting that aims to provide information about financial position,
performance and cash flow companies that are useful for most of the users of
the financial statement in decision making. Information about financial position,
performance and a change of position financial indispensable to be able to
evaluate over the ability of companies in producing cash ( cash ), and
equivalent and time and the certainty of the result.Posisis corporate finance
affected by resources is controlled, financial structure, liquidity, and the
solvability as well as the ability to adapt to environmental changes.
Information change of position corporate finance activities
beneficial to appraise investments financing and corporate reporting in
operation during the period.Besides useful to assess the company cash
equivalent in producing ( cash ) information is also useful for assessing needs
in exploiting the company cash flows.
