{"id":5213,"date":"2014-12-29T08:56:26","date_gmt":"2014-12-29T06:56:26","guid":{"rendered":"http:\/\/www.officetodo.com\/public\/?p=5213"},"modified":"2014-12-27T18:58:52","modified_gmt":"2014-12-27T16:58:52","slug":"period-end-financial-statements","status":"publish","type":"post","link":"https:\/\/www.officetodo.com\/public\/period-end-financial-statements\/","title":{"rendered":"Period end financial statements"},"content":{"rendered":"<p>Your period end financial reporting (or financial statements) is something that comprises of the most significant statements for your company. When I say \u201cperiod end\u201d I mean both each reporting period, i.e. a month, a quarter, and the whole reporting period you prepare your Annual Report for (normally a year). \u00a0<!--more--><\/p>\n<p>Specifically, it may be very likely so that for each month you consider it necessary to also prepare the statement of cash flows just to see where you are in terms of cash and it\u2019s in and out flows. However, it may also be that you prepare your accounts for each month and prepare cash flows for just a quarter or for a year and just once. Depending on your business\u2019 needs, the main question and main variance when it comes to reporting in entities is the question of how often it\u2019s necessary to project cash flows and understand the needs of cash. If it\u2019s not an issue, the less infrequent the statements and projections are prepared for.<\/p>\n<p>And then there are statements you normally only prepare just once a year, when preparing your Annual Report \u2013 statement of changes in owner\u2019s equity. It\u2019s a standalone separate statement reflecting on changes in all equity accounts by transactions themselves, i.e. how dividends impacted accounts etc.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Your period end financial reporting (or financial statements) is something that comprises of the most significant statements for your company. When I say \u201cperiod end\u201d I mean both each reporting period, i.e. a month, a quarter, and the whole reporting period you prepare your Annual Report for (normally a year). \u00a0<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77],"tags":[],"class_list":["post-5213","post","type-post","status-publish","format-standard","hentry","category-4-7-general"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/5213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/comments?post=5213"}],"version-history":[{"count":1,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/5213\/revisions"}],"predecessor-version":[{"id":5214,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/5213\/revisions\/5214"}],"wp:attachment":[{"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/media?parent=5213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/categories?post=5213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/tags?post=5213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}