What types of financial reporting do you know?

Main types of financial reporting:

• Balance Sheet — shows the company's financial position at a specific date, reflecting assets, liabilities, and equity.

• Profit and Loss Statement — reflects income, expenses, and net profit or loss for the period.

• Cash Flow Statement — shows cash inflows and outflows from operating, investing, and financing activities.

• Statement of Changes in Equity — reflects changes in the company's equity over the period.

• Notes to the Financial Statements — explanations and disclosures supplementing the main reports.

These reports together provide a complete picture of the organization's financial condition and performance.