Buisness

Front 1

AssetsLiabilities

Back 1

By managing a company's assets and liabilities, executives are able to influence net earnings, which may translate into increased stock prices.

Front 2

Shareholders’ equity

Back 2

A firm's total assets minus its total liabilities. Equivalently, it is share capital plus retained earnings minus treasury shares.

Front 3

Income Statements

Back 3

A financial statement that measures a company's financial performance over a specific accounting period.

Front 4

Cash Flow Statements

Back 4

A financial statement that reflects the inflow of revenue vs. the outflow of expenses resulting from operating, investing and financing activities during a specific time period .

Front 5

Account

Back 5

a record or statement of financial expenditure or receipts relating to a particular period or purpose.

Front 6

Accountant

Back 6

a person whose job is to keep or inspect financial accounts.

Front 7

Accounting period

Back 7

is generally a quarter or a year and reflects all of the financial activity that occurred during that time.

Front 8

Accounts payable

Back 8

money owed by a company to its creditors.

Front 9

Accounts receivable

Back 9

money owed to a company by its debtors

Front 10

Appreciation

Back 10

a piece of writing in which the qualities of a person or the person's work are discussed and assessed.

Front 11

Audit

Back 11

an official inspection of an individual's or organization's accounts, typically by an independent body.

Front 12

Capital

Back 12

wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.