Financial Statements
Financial statements is a standardized reports that summarize a company’s financial activities and position. Key statements include the income statement, balance sheet, cash flow statement, and statement of changes in equity. These documents provide insights for stakeholders and are essential for decision-making, compliance, and analysis.
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Finance Charge
The total cost incurred for borrowing money or using credit. It includes interest, service fees, and other related costs. In…
Fixed Deposit
A financial instrument offered by banks where a sum of money is invested for a fixed term at a predetermined…
Foreign Exchange Gain or Loss
The financial impact resulting from changes in currency exchange rates during international transactions. When exchange rates fluctuate between the transaction…
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