The financial statements (balance sheet, profit and loss statement) represent a picture of the financial position of a company at a point intime (typically, at the end of a reporting period).
The resources (assets), both financial and property, are displayed on the left-hand side of the balance sheet.
Claims (liabilities and equity) against those resources are displayed on the right-hand side of the balance sheet.
To balance, the assets of the company must be equal to the claims (liabilities and equity) against those resources.
The profit and loss statement summarizes the revenues generated and expenses incurred for a specific period.
The balance sheet and the profit and loss statement together form the financial statement.
More terms such as financial statements (FI) in Dictionary F.
- Manual Financial Analytics:
- Help A key functional area of mySAP Business Intelligence that enables business planning and forecasting, activity-based cost and profitability management, working capital, and investment management financial statements (fi) definition.
- Manual Foundation IRB Approach:
- Help One of the approaches described in the Basel II Accord. In this approach, banks may use their own methods to estimate the rating and probability of default (PD) of businesses and partners financial statements (fi) explain.
- Manual Fair Value Hedge:
- Help Hedging of risks that are related to the fair value of a financial instrument or position, and that have effects on the shown result financial statements (fi) what is.
- Manual Funds Block:
- Help A lock that prevents access to funds that were made available for a person or position (financing). Funds blocks are used to map personnel cost savings in the system financial statements (fi) meaning.
- Manual Field Group (BC-SRV-QUE):
- Help that form a meaningful unit within an InfoSet. Field groups offer users a preselection of fields so that they do not have to view all the fields of a data source to create a query. To be able to use financial statements (fi) abbreviation.
