Financial Maps Concept

The expression Financial Maps (or Financial Statements) designates a group of maps where are spread the accountancy information and can be grouped in three distinct types:

- Maps that show the company’s property, which its debts and which its value at a certain and precise moment. The most relevant example of this kind of maps is the Balance.

- Maps that show how the results are formed during a certain period of time. A good example of this kind of maps is the Profit and Loss Account.

- Maps that show the cash flows and the property changes at a certain period of time as being, for example, the cash flow demonstrations, the assets changes demonstrations and the maps of origins and funds applications.

 

 

Translated from Portuguese by Susana Saraiva, Portuguese-English and English-Portuguese translation specialist. Contact: spams@sapo.pt.