FACUCTAD DE CIENCIAS CONTABLES FINANCIERAS

Y ADMINISTRATIVAS

PROGRAMA PROFESIONAL DE CONTABILIDAD

CURSO: INGLES

DOCENTE. : HUAMAN CELMI ENRIQUE CAMILO

TEMA: FINANCIAL STATEMENTS

.
INTEGRANTE:
JUSTINIANO INFANTES CELINA

HUARAZ - 2018
 FINANCIAL STATEMENTS

INTRODUCTION

Owners and business managers need to be updated to take decisions on its future operations
financial information. The financial information of a business is registered in the ledger accounts.
However, transactions that occur during the fiscal period alter the balances of these accounts. Changes
must be reported periodically in the financial statements.
In the complex world of business today characterized by the process of globalization in business, financial
information plays a very important to produce information needed for the administration and development
of the economic system role.
Accounting is a discipline of human knowledge that can prepare general information about the economic
entity. This information is shown by the financial statements. The term "financial statements" includes:
balance sheet, income statement, statement of changes in equity, cash flow statement (EFE), notes,
other statements and explanatory material which are identified as part of the states financial.
The fundamental characteristics required financial information are usability and reliability.
Utility, characteristic of financial information, is the quality to adapt it to the purpose of users, among
which are the shareholders, investors, employees, suppliers, creditors, government and, in general,
society.
The reliability of the financial statements reflect the truth of what is happening in the company.
 INDEX

I. FINANCIAL STATEMENTS.
1.1 PROJECTED FINANCIAL STATEMENT
1.2. FINANCIALLY AUDITED STATES

1.3. CONSOLIDATED FINANCIAL STATEMENTS

A. CLASSES OF FINANCIAL STATEMENTS

2. Balance General.
3. Statement of Income or Operations
4. Flow Statement
5. Other.

2. Balance General.
2.1. COMPARATIVE BALANCE SHEET

2.2. CONSOLIDATED BALANCE SHEET

2.3. BALANCE SHEET ESTIMATE

2.4. PROFORMA BALANCE SHEET
2.5. METHODS PRESENTATION
2.6. OPERATIONAL FINANCIAL BALANCE OF THE PUBLIC SECTOR
2.7. BALANCE BUDGET

2.8. PRIMARY PUBLIC SECTOR BALANCE

2.9 INCOME STATEMENT

3. STATEMENT OF OPERATIONS

3.1. COMPENSATED OPERATIONS

3.2. OPEN MARKET OPERATIONS
3.3 VIRTUAL OPERATIONS

4. cash flow statement.

4.1. CASH FLOW
4.2. CASH FLOW

4.3. NET CASH FLOW

4.4. INFORMATION CASH FLOW STATEMENT FOR DECISIONS ON BUSINESS.

CONCLUSIONS
 It is detected between accounting professional difficulties at the time of the preparation and
presentation of EFE, usually due to improper application and often to the omission of technical
and legal regulations on this financial statement. Not only are difficulties in preparing and
presenting this financial state, but also at the national level there is no uniform criteria on the
methodology or ways to proceed in the analysis of EFE, which makes it difficult to adequate and
timely interpretation.

 The information provided by the EFE is not used by professional accountants or by the various
users of banking companies in the country, nor by regulators, regulatory and control bodies
national banking system.

 EFE being useful for various users:

 present information not contained in other financial statements and classify flows by activity or
transaction types in the circumstances of the current economic environment (economic
instability), at which time users of this and other financial statements demanding a wider and
clearer information on the generation and application of resources (cash and cash equivalents) by
area and by sector, the EFE is a timely tool to assess more objectively the liquidity or solvency of
the banking. For these reasons it is considered that the EFE should adequately meet the
information needs of users and become a tool that meets the aforementioned purposes. It's more,

BIBLIOGRAPHY
 ANDERSON, Arthur. 1992 Business School. Efectivo.Lima Flow Statement

 ACCOUNTANTS ASSOCIATION OF LIMA.1991. "CPC 4 cash flow statement" .Lima, Peru.

 ACCOUNTANTS ASSOCIATION OF LIMA 1997 International Standards Contabilidad.Lima, Peru

 SQUARE EBRUARY, Amparo1983 Cash-Flow and Flow Recursos.Ministerio of Economy and

Hacienda.Madrid, Spain