income statement

(redirected from Statement of Financial Performance)
Also found in: Thesaurus, Financial.
Related to Statement of Financial Performance: Statement of cash flows
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Noun1.income statement - a financial statement that gives operating results for a specific periodincome statement - a financial statement that gives operating results for a specific period
financial statement, statement - a document showing credits and debits
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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References in periodicals archive ?
According to COA Supervising Auditor, Gloria Canete, they audited the financial statements of the city government,'which comprise the statement of financial position as at December 31, 2018, and the statement of financial performance, statement of changes in net assets/equity, statement of cash flows and statement of comparison of budget and actual amounts for the year then ended, and notes to the financial statements, including a summary of significant accounting policies.'
Financial statements components 1 statement of financial position; 2 statement of financial performance; 3 cash flow statement; 4 explanatory notes; 5 statement of changes in net assets/equity; Source: Adapted from 1 -- Presentation of financial statements Table no.
LGs are compelled to draw up the statement of financial performance and the balance sheet, but they are free to adopt the accounting system that is believed to be most suitable.
The amendments require an entity to report total comprehensive income and its components in two parts--net income and other comprehensive income--in a continuous statement of financial performance.
Database subject to empirical computation Content elements of financial statements NR IPSAS Reversible depreciation 1 1 Cashed incomes 1 1 Form elements Decreasing order of liquidity 0 1 (assets) Statement of financial performance 1 1 according to type Tab.
An entity that holds or issues derivative instruments (or nonderivative instruments that are designated and qualify as hedging instruments pursuant to paragraphs 37 and 42) (12a1) shall disclose the following for every annual and interim reporting period for which a statement of financial position and statement of financial performance are presented:
for the year ended 30 June 2003 being the Statement of Financial Performance and Statement of Financial Position in accordance with Australian Auditing Standards.
The classifications used in this presentation should correspond to the classifications used for components of other comprehensive income included in the statement of financial performance or change in equity.

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