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what are the major financial statement ,and what is the difference between financial statement and financial reporting​

User Tobias Schultze
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18 votes

Answer:

I know what is the difference between financcial statement and financial reporting : Financial statements": balance sheet, income statement, statement of cash flows, and statement of changes in owners' or stockholders' equity. "Financial reporting": includes the basic financial statements and any other means of communicating financial and economic data to interested external parties.

User Kevin Sylvestre
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