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You could know the company's net income without the preparation of the income statement? If yes, how?

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تم إضافة السؤال من قبل Rashad Moursi , Finance Director & Business Development, International Business Transformer Owners Repr. - Hotels , Investment and financial
تاريخ النشر: 2014/04/18
Loay Al Malluhi
من قبل Loay Al Malluhi , Senior Financial Analyst , Warba Insurance & Reinsurance Company K.S.C.P.

Should the company is using the indirect method, Net income is shown in the cash flow statement as the first item in Cash Flow from Operating Activities

akhil siva
من قبل akhil siva , accoutant , KMP industries

 Income is the revenue a business earns from selling its goods and services or the money an individual receives in compensation for his or her labor, ...and f     fund used by a business or organisation for their various types of business activities

 

   

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من قبل مستخدم محذوف‎

We can arrive net profit or loss after prparing income statement only..

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