Difference between revisions of "Common-size statement"

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(Created page with "Common-size statement is a comparative report in which each item is expressed as a percentage of a base amount without dollar amounts. ==Definitions== According to Col...")
 
 
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According to [[College Accounting: A Practical Approach by Slater (13th edition)‎]],
 
According to [[College Accounting: A Practical Approach by Slater (13th edition)‎]],
 
:[[Common-size statements]].  Comparative reports in which each item is expressed as a percentage of a base amount without dollar amounts.
 
:[[Common-size statements]].  Comparative reports in which each item is expressed as a percentage of a base amount without dollar amounts.
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According to [[Managerial Accounting by Braun, Tietz (5th edition)]],
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:[[Common-size statement]]. A financial statement that reports only percentages (no dollar amounts).
  
 
==Related concepts==
 
==Related concepts==
 
*[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]].
 
*[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]].
  
==Related coursework==
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==Related lectures==
 
*[[Principles of Accounting]].  
 
*[[Principles of Accounting]].  
  
[[Category: Accounting]][[Category: Articles]]
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[[Category: International Accounting]][[Category: Articles]][[Category: Accounting]]

Latest revision as of 11:42, 14 July 2020

Common-size statement is a comparative report in which each item is expressed as a percentage of a base amount without dollar amounts.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Common-size statements. Comparative reports in which each item is expressed as a percentage of a base amount without dollar amounts.

According to Managerial Accounting by Braun, Tietz (5th edition),

Common-size statement. A financial statement that reports only percentages (no dollar amounts).

Related concepts

Related lectures