Comparative financial statement

Comparative financial statement,

Definition of Comparative financial statement:

  1. Format for balance sheet and income statement (profit and loss account) in which each item shows figures for the current as well as the preceding accounting period(s) for comparison. These figures may be expressed as dollar amounts (in absolute terms) or as percentages (in relative terms) for horizontal analysis of the financial data. See also common size financial statement.

Meaning of Comparative financial statement & Comparative financial statement Definition

Comparative Financial Statement,

What is The Definition of Comparative Financial Statement?

  • Comparative Financial Statement means: Presentation of National Financial Statistics, which also shows the current value and the same value of the previous period or date.

Literal Meanings of Comparative Financial Statement

Comparative:

Meanings of Comparative:
  1. This can be seen through comparison.

  2. Or include comparisons between two or more branches of knowledge or disciplines.

  3. (Adjective or verb) Express high quality level, but not maximize (e.g., more bold)

  4. Comparative adjective or verb

Sentences of Comparative
  1. He returned to his own home in relative peace.

  2. Comparison of religions

  3. Outside, there is a lot of nonsense about "logic" that governs the use of comparison and superiority.

Synonyms of Comparative

relative, qualified, modified

Financial:

Meanings of Financial:
  1. From a financial point of view.

  2. The financial or financial situation of an organization or individual.

Sentences of Financial
  1. Independent financial advisor

  2. You need to focus on your finances, especially your cash flow

Synonyms of Financial

budgetary, fiscal, business, accounting, banking, monetary, commercial, investment, money, pecuniary, economic

Statement:

Meanings of Statement:
  1. Specific or explicit expression of something when speaking or writing.

Sentences of Statement
  1. Do you agree with this observation?

Synonyms of Statement

declaration, affirmation, communication, announcement, utterance, expression of views, expression of facts, assertion

Comparative Financial Statement,

What Does Comparative Financial Statement Mean?

  • Financial Statement Presentation which includes current price and price according to previous date or year.

Literal Meanings of Comparative Financial Statement

Comparative:

Meanings of Comparative:
  1. Measured or estimated by matching the resemblance or similarity between one thing and another.

  2. This includes systematic observation of similarities or differences between two or more branches of knowledge or fields of study.

  3. (From an adjective or verb) that expresses a higher level of quality, but not more (e.g. boulder, ferr).

Sentences of Comparative
  1. He returned to his home in relative peace.

Synonyms of Comparative

in/by comparison

Financial:

Meanings of Financial:
  1. With regard to financial matters

  2. Financial status or financial status of an organization or person.

Sentences of Financial
  1. You need to be careful about your finances, especially your cash flow.

Statement:

Meanings of Statement:
  1. A clear or unambiguous expression of something, spoken or written.

  2. A document that explains the elements of debit and credit between a bank or other organization and a customer.

  3. Representation of a theme or melody in a composition.

  4. Formally assesses that (the child) has special educational needs.

Synonyms of Statement

proclamation, report, articulation, expression of views/facts, recitation, averment, promulgation, revelation, pronouncement, communiqué, evidence, explanation, expounding, bulletin, disclosure, asseveration, divulgence, presentation, testimony

Comparative Financial Statement

Presentation of the FINANCIAL STATEMENTS, which also show the current amounts and those of previous periods or dates.