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