The statement of changes in equity, also known as the movement of equity statement, is a financial report that outlines the changes in a company's equity over a specific period. It provides a detailed account of how

An income statement, also known as a profit and loss statement (P&L), is a financial report that summarizes a company's revenues and expenses over a specific period, typically a quarter or a year. Its primary purpose is

In a financial system, a journal is a detailed record of all financial transactions of a business. It serves as the initial point of entry for recording transactions before they are posted to the general ledger. Journals