The financial statement.
Financial statements (Financial Statement) means the financial reports showing the financial position and results of operations of the joint venture. In any period of time ending date may be for a period of 3 months, 6 months or 1 year.
Components of the complete financial statements should consist of
Financial statement (statement of financial position)
Financial reporting made according to accounting principles to demonstrate financial position at the end of period elements of the financial statement, it is a list that is directly related to the measurement of financial liabilities and assets, including part of the owner.
Statements of comprehensive income (statement of comprehensive income).
A financial statement that shows the performance of the business for the period to summarize the comparison of revenues to expenses incurred on account of one of the accounting periods that the gross profit or loss net of how much profit is made by the owner's private affairs, and losses to make the best of the self-employed (Federation under Royal patronage, 2552.)