income Statement

income Statement
An accounting summary of the results of operations of an organization or individual for a defined time period. An income statement establishes *net income from *revenues and *expenses, in line with the conventions of *double entry bookkeeping and *Generally Accepted Accounting Principles. Financial analysts place great emphasis on *net income and *earnings per share information included in income statements. The income statement and *balance sheet are the primary elements of *financial statements.

Auditor's dictionary. 2014.

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  • Income Statement — A financial statement that measures a company s financial performance over a specific accounting period. Financial performance is assessed by giving a summary of how the business incurs its revenues and expenses through both operating and non… …   Investment dictionary

  • income statement — an accounting of income and expenses that indicates a firm s net profit or loss over a certain period of time, usually one year. * * * In accounting, the activity oriented financial statement issued by businesses. Covering a specified time, such… …   Universalium

  • income statement — pajamų ataskaita statusas T sritis Gynyba apibrėžtis Ataskaita, kurioje nurodomas bendrųjų įplaukų ir bendrųjų išlaidų sumų skirtumas. atitikmenys: angl. income statement šaltinis NATO mokymų ir pratybų finansavimo terminų žodynas AAP 43(1), 2009 …   Lithuanian dictionary (lietuvių žodynas)

  • income statement — noun a financial statement that gives operating results for a specific period • Syn: ↑earnings report, ↑operating statement, ↑profit and loss statement • Hypernyms: ↑statement, ↑financial statement * * * noun see …   Useful english dictionary

  • Income Statement — engl. für ⇡ Gewinn und Verlustrechnung (GuV). Vgl. auch ⇡ Statement of Income …   Lexikon der Economics

  • income statement — noun see income account …   New Collegiate Dictionary

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