FINANCIAL REPORTS

FINANCIAL REPORTS

Financial Report is a record of a company's financial information in an accounting period that can be used to describe the performance of the company. Financial statements are part of the financial reporting process. Complete financial statements typically include:
• Balance sheet
• The income statement
• Report of changes in equity
• Financial position change Reports can be presented in the form of cash flow statement or report the flow of funds
• Records and other reports as well as material explanation is an integral part of the financial report
Elements that are associated directly with the measurement of the financial position of assets, liabilities, is and equity. While the elements relating to the measurement of kinereja in the income statement is the income and expenses. Report financial position usually reflect a broad range of income statement and the changes in a variety of elements.

a. The Purpose of Financial Statements
According to the financial accounting Standards issued by the bond Accountant Indonesia purpose financial statements is to provide the right information that concerns the financial position, performance, as well as changes in financial position of an enterprise that is useful for a large number of users in decision-making.

b. The Purpose of Bank Statements
The purpose of financial statements is to provide financial information can be:
• trusted on financial position of the company
• trusted on the company's business results during the accounting period.
• helping stakeholders to assess or to interpret the conditions and the potential of the company adjusted to the needs of the parties concerned with the financial statements.

The form of a report that is generated within the company including bank comprises:
1. report of the balance sheet;
2. report on the calculation of profit loss;
3. Report of the financial position of the change.

There are additional reports for banks to store data that is not to affect the balance sheet, however it should be in the estimate by the Bank, namely:

Account Administration.

ASSETS/ASSET
That is the allocation or use of the funds (use of Fund)
• Monetary Assets, i.e. cash, securities, bills-bills
• Non-Monetary Asset, i.e. building (fixed Asset), Office Inventory

LIABILITY
That is the source of funds:
• Volatile liability, i.e. at any time in the Giro, promissory notes, Savings Deposits maturing
• Non Volatile liability, i.e. Deposits not yet due, the accounting Banking Capital.

THE PRINCIPLE OF JOURNALLING INCOME STATEMENT
FEE INCOME
( + ) Debit Credit (-)
( – ) Credit Debit (+)

ASSETS/ASSET = allocation or use of the funds
Monetary Assets: cash, securities, bills-bills
Non-Monetary Asset: building (fixed Asset), Office Inventory

LIABILITY = source of funds
Volatile liability (at any time in promissory notes): Checking, Savings, Deposits maturing
Non Volatile liability: Deposit not yet due, Capital