income statement
3
3.6
- noun
- /ˈɪn.kʌm ˈsteɪt.mənt/
- Specialized
:
estado de resultados
- The accountant prepared the company's income statement to show its financial performance for the year.
- income statement sheet
- income statement and balance sheet
- income statement item
So really what Steve is talking about is how do we harness that and give them a income statement or cash flow statement with all of the costs in it.
- So really what Steve is talking about is how do we harness that and give them a income statement or cash flow statement with all of the costs in it.
- This allowed the company to write unrealized future gains from trading into current income statements, thus giving the illusion of higher current profits.
- And then the cash flow pays for our expenses in our income statement, right?
- So like an income statement and a balance sheet is a flow and a balance, but ledgers and keeping ledgers go back thousands of years.
Examples
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Go ahead and pull out an income statement for your favorite stock.
Blog text (6) -
Financial data on the firm must include balance sheets, income statements, and statements of cash flow.
Academic text (1991) -
Specific accounts were examined from the balance sheet and income statement.
Academic text (1993) -
Some founders make the mistake of trying to prepare an income statement, balance sheet, and cash flow statement.
Blog text (1) -
So, I've been looking over the income statement from last three years.
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Patient service revenue must be reported net of deductions from revenue in the income statement.
Academic text (1993) -
Currently, there are three primary financial reporting statements: Income Statement, Balance Sheet, and Statement of Cash Flows.
Blog text (12) -
Questions were directed toward income statement content and presentation, as well as footnote disclosure.
Academic text (1993) -
The impact of financial performance is reflected in the balance sheets, in the income statement, and therefore in financial ratios.
Academic text (1996) -
Ninety-one percent of the respondents presented bad debt expense as a separate line item in the income statement.
Academic text (1993)
Synonyms
7
2.9
A company report that shows how much profit or loss it made over a set time
3
3.4
A record that shows a company's income, costs, and net profit or loss
2
4.1
A report that shows how much money a company made and spent during a period
A report that shows a company's income and expenses for a month or year
How Detailed
- Specialized
18
3.6
- Specialized
7
2.9
- Specialized
3
3.6
Surface Forms
Morphology
The compound is directly compositional: 'income' (money received) + 'statement' (a document) yields a document reporting income. Although detailed accounting specifics are technical, a B1 learner who knows both words will reasonably infer it is a report of a company's earnings over a period.
Etymology
Income statement comes from its parts: income, meaning money that comes in, and statement, meaning a clear list. It is a report that shows money in and money out so you can see 'profit' or 'loss' over a set time, so the name matches its meaning.