Statement of comprehensive income

Cards (3)

  • Plcs and Limited companies need to publish their accounts every year , they need to show their profit snd loss - where does this appear ?
    in their statement of comprehensive income
  • what is the definition of statement of comprehensive income
    A financial document which summaries profits and loss every year of a business
  • How does the statement of comprehensive income help measure profitability 

    A business that is profitable will help to reward its investors with a return on their investment
    Helps managers , owners and investors know how the business is doing