which business element is included in financial reports?

Definition of Elements of Financial StatementsThe elements of financial statements are the classes of items contained in the financial statements.Examples of Elements of Financial

which business element is included in financial reports?

Definition of Elements of Financial Statements

The elements of financial statements are the classes of items contained in the financial statements.

Examples of Elements of Financial Statements

The elements of the financial statements include:

The above list is based on the FASB's Statement of Financial Accounting Concepts No. 6, Elements of Financial Statements, which you may read at www.FASB.org.

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