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

IAS IFRS Finance
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Question added by Rashad Moursi , Finance Director & Business Development, International Business Transformer Owners Repr. - Hotels , Investment and financial
Date Posted: 2014/04/18
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Loay Al Malluhi
by 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
by 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

 

   

Deleted user
by Deleted user

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

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