BNET Business Dictionary
Business Definition for: Statement
- a summary of all transactions, such as deposits or withdrawals, that have occurred in an account over a given period of time
Wiktionary Definition for: Statement
- #a declaration or remark
- #a presentation of opinion or position
- finance a document that summarizes financial activity
- Ex:''a bank statement''
- computing an instruction in a computer program
Additional Resources
- GASB Issues Statement on Net Assets, Staff Technical Bulletin
- The Governmental Accounting Standards Board has issued Statement No. 46, Net Assets Restricted by Enabling Legislation, an amendment of GASB Statement No. 34. Statement 46 is effective for periods beginning after June 15, 2005. The statement (Product CodeThe Governmental Accounting Standards Board has issued Statement No. 46, Net Assets Restricted...
- Research articles 2005-02-01
- Basic Accounting: A Sample Income Statement
- The income statement is the first completed financial statement in the complete package of Income Statement, Balance Sheet, Owner's Equity Statement and Statement of Cash Flows. In many ways, much of the information we put together for the other statements, is a direct result of the information given on the...
- White papers 2009-01-01
- The Income Statement And Statement Of Cash Flows
- The income statement and the statement of cash flows are two financial statements of an organization. The income statement contains details about different sources of income to the organization because of various business transactions. The statement of cash flows is the financial document detailing the exchange of cash between a...
- Presentations 2003-01-01
- Japan Raises Prospect of G7 Statement
- By Stanley WhiteTOKYO (Reuters UK) - Japan's finance minister raised the prospect of a Group of Seven joint statement on currencies to cool the yen's rally as the dollar tumbled to a 14-year low against the yen on Friday.In a sign Tokyo was stepping up its warnings of the chance...
- News items 2009-11-26
- Statement of Changes in Position
- The statement of changes in financial position provides data that are not explicitly present in the balance sheet or the income statement. This statement helps to explain how the company acquired its money and how it was spent. This statement can also help to identify financing needs, to identify cash...
- White papers 2003-01-01
- Statement of Changes in Equity
- This article explains about the Statement of Changes in Equity. This type of financial statement is used to bridge the gap between the amount of equity the owners have in the business at the beginning of the accounting period and the amount of their equity at the end of the...
- White papers 2003-01-01
- Financial Statement Analysis
- The financial activities of an organizations fall under three different categories. They are operations, finance, and investment activities. The financial statement of the organization records and summarizes the financial transactions and activities in the aforesaid categories. The income statement, balance sheet, and statement of cash flows form part of the...
- Presentations 2003-01-01
- Income Statement And Statement Of Owners' Equity
- The income statement is the financial statement of an organization that provides financial information related to the operations of the organization over a specific period. It details out various sources of income to the organization. Owner's equity refers to total assets minus total liabilities for an individual or an organization....
- Presentations 2003-01-01
- FASB ED on the rescission of Statement Nos. 4, 44 and 64 and technical corrections
- The Financial Accounting Standards Board has issued an exposure draft that rescinds FASB Statement No. 4, Reporting Gains and Losses from Extinguishment of Debt, and an amendment of that statement, FASB Statement No. 64, Extinguishments of Debt Made to SaThe Financial Accounting Standards Board has issued an exposure draft that...
- Research articles 2002-02-01
- Income Statement 1 Year
- An income statement, also known as a profit and loss statement, shows revenue and expense over a period of one year. Along with the balance sheet and the cash flow statement, the income statement is one of the three basic financial statements. This template helps to create an income statement.
- Tools & templates
- Penalty for false or misleading statement: Tax Office Practice Statement.
- Apr 27, 2006 (Intax - ABIX via COMTEX) -- A recently released Australian Taxation Office ATO Practice Statement outlines the circumstances in which penalties for false statements can be issued. The Statement contains information on how penalties ar Apr 27, 2006 (Intax - ABIX via COMTEX)...
- Research articles 2006-04-27
- MoveOn.org Political Action Statement on False Statement by TomDeLay's Defense Lawyer Dick DeGuerin
- WASHINGTON, Oct. 21 /U.S. Newswire/ -- Following is a statement released today by Tom Matzzie, the Washington director of MoveOn.org Political Action regarding a statement made by Rep. Tom DeLay's lawyer, Dick DeGuerin: WASHINGTON, Oct. 21 /U.S. Newswire/ -- Following is a statement released today by Tom Matzzie, the Washington...
- Research articles 2005-10-21
- FASB Publishes Revised Statement No. 123, Statement No. 153
- The Financial Accounting Standards Board recently published FASB Statement No. 123 (revised 2004), Share-Based Payment. According to the FASB, Statement 123R will provide investors and other users of financial statements with more complete and neutral fThe Financial Accounting Standards Board recently published FASB Statement No. 123 (revised 2004), Share-Based Payment....
- Research articles 2005-02-01
- Statement by AARP on Entenza Campaign Statement
- WASHINGTON, July 14 /U.S. Newswire/ -- AARP Spokesman Mark Kitchens made the following statement today in response to the July 12 Matt Entenza campaign statement. WASHINGTON, July 14 /U.S. Newswire/ -- AARP Spokesman Mark Kitchens made the following statement today in response to the July 12 Matt Entenza campaign statement.
- Research articles 2006-07-14
- Reading And Understanding Your Statement Of Income Or Profit And Loss Statement
- Among the four basic components of financial statements (the balance sheet, statement of changes in equity, income statement and cash flow statement), the statement of income is the most interesting and exciting to read by its common users. This is true, since it indicates if an entity is having a...
- White papers 2009-01-12
- Balance Sheet Versus Income Statement
- A balance sheet differs from an income statement in terms of what it describes. An income statement covers a range or period of time such as a month or a year. An income statement describes how much money came into an organization during a period of time, how much went...
- White papers 2007-11-18
- Mission And Vision Statement
- Organizations sometimes summarize goals and objectives into a mission statement and/or a vision statement: While the existence of a shared mission is extremely useful, many strategy specialists question the requirement for a written mission statement. However, there are many models of strategic planning that start with mission statements. A Mission...
- White papers 2008-10-21
- How To Create A Mission Statement For Your Business
- Your business's mission statement is an essential component of your business plan. But, perhaps more importantly, it's an essential part of your business's identity. As a result, it's extremely important that you take the time to carefully craft your business's mission statement. Understand what a mission statement is. A mission...
- White papers 2008-10-17
- The Mission Statement Revisited Or This Time It's All About Us
- The mission statement is a hybrid between a slogan and an executive summary. Just as slogans and executive summaries can be used in many ways so too can a good mission statement. An effective mission statement can compliment all the other good things you do. If you don't have a...
- White papers 2009-01-01
- The Vital Cash Flow Statement
- A statement of cash flow is a pertinent financial statement which a company creates to provide details about the cash flowing in and out of a business during an accounting period. The purpose of the cash flow statement is to offer particulars of the cash receipts and payments made during...
- White papers 2008-09-12
